Ensphere takes $4M for optical semiconductor equipment
Ensphere Solutions, maker of fabless semiconductor equipment for optical interfaces, has raised $4 million from Egyptian venture capital fund Ideavelopers. Based in Santa Clara, Calif., the company is supplying tranceivers for Intel’s Light Peak technology — a new interconnect technology designed to transmit data at a lightning rate of 10 gigabytes per second. Intel says it could reach up to 100 gigabytes per second in the next ten years.
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About the Author, Camille Ricketts
Camille is the lead writer for GreenBeat. She came to VentureBeat from Google where she worked on its traditional platforms team, particularly in TV. Before that, she was a reporter for the Wall Street Journal in New York and London. Follow her on Twitter at @camillericketts, and follow VentureBeat on Twitter at @venturebeat.
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