nEye

nEye

Programmable optical switches for data centers

Overview

nEye Systems designs programmable photonic integrated circuits (PICs) that implement high-radix optical circuit switching on a silicon chip. Their main product is a programmable optical switch built on silicon photonics, enabling high-capacity, low-power data paths for AI, ML, and other data-intensive workloads. The system uses a PIC-based switch fabric that can be configured to route optical signals through many channels, reducing electrical power needs and easing network scaling in data centers. Compared with competitors, nEye focuses on integrating high-radix, programmable optical switching directly on silicon wafers to deliver scalable, energy-efficient networking for AI infrastructure, leveraging MEMS photonics and silicon photonics techniques. The company aims to make data center networks more power-efficient and scalable to meet rising demands from AI and ML workloads.

Significant Headcount Growth

About nEye

Simplify's Rating
Why nEye is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Hardware

AI & Machine Learning

Company Size

11-50

Company Stage

Series C

Total Funding

$152.5M

Headquarters

Berkeley, California

Founded

2020

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Simplify's Take

What believers are saying

  • AI data centers need cheaper, denser, and more efficient interconnects.
  • Series B funding supports development and high-volume manufacturing.
  • Production samples expected next year signal commercialization progress.

What critics are saying

  • Broadcom and NVIDIA offer mature, incumbent networking alternatives.
  • Foundry, packaging, or yield problems delay revenue and samples.
  • No publicly disclosed customers or deployments limit buyer conviction.

What makes nEye unique

  • MEMS-based silicon photonics on-chip optical circuit switching.
  • Direct optical links among thousands of GPUs and memory units.
  • Chip-scale design targets lower power and smaller footprints.

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Funding

Total Funding

$152.5M

Above

Industry Average

Funded Over

3 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Above Average

Industry standards

$50M
$50M
Medium
$62M
SeatGeek
$80M
nEye
$100M
Oura

Growth & Insights and Company News

Headcount

6 month growth

35%

1 year growth

35%

2 year growth

64%
DayDayNews
Apr 12th, 2025
nEye Systems raises $58M for photonics

nEye Systems, a silicon photonics startup based in Emeryville, California, has raised $58 million in a Series B funding round led by Alphabet's CapitalG, with participation from Microsoft's M12, Micron Technology, Nvidia, and Socratic Partners. The funding will support the development and commercialization of nEye's optical interconnect chip technology, aimed at enhancing data center efficiency for AI workloads. The company claims its technology can improve energy efficiency by 100 to 1,000 times.

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