Luxtera, a US-based company developing photonics technology for use in fabless semiconductors, completed a $21.7m series C round on Monday which saw participation from backers including industrial electronics company Tokyo Electron.
Venture capital firms New Enterprise Associates, August Capital, Sevin Rosen Funds and Lux Capital also took part in the round, which took Luxtera’s overall funding to $186.7m, according to SEC filings. Past investors also include private research university the California Institute of Technology and VC investment bank Advanced Equities.
Luxtera has also appointed Martin Colombatto to its board of directors. Colombatto was formerly chief executive officer of wireless internet equipment corporation Staccato Communications as well as vice president and general manager at semiconductor company Broadcom.