Full-Time
Director of Finance
nEye
11-50 employees
Programmable optical switches for data centers
Compensation Overview
$192k - $274k/yr
Santa Clara, CA, USA
In Person
On-site role based in Santa Clara, California.
Bachelor's, MBA
 Finance & Banking (2) |
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- Bachelor’s degree in Finance, Accounting, Economics, or a related quantitative field.
- 5 to 8+ years of progressive finance/accounting experience, with at least 2–3 years within a semiconductor or global hardware technology company.
- Demonstrated experience working with international business entities, global supply chains, and foreign currencies/subsidiaries.
- Solid understanding of semiconductor operations, wafer/chip manufacturing flows, inventory costing, and supply chain logistics.
- Advanced proficiency in Google Sheets, Microsoft Excel and AI Tools.
- Solid experience with ground-up ERP/MES/PLM implementation.
- Comfortable pivoting from a micro-level inventory audit to a macro-level international forecast.
- Highest regard for accuracy, completeness, and data integrity.
- Cross-Functional Finance Support: Handle a wide array of tasks including monthly/quarterly close, operational budgeting, and forecasting.
- Operations and Supply Chain FP&A: Collaborate with operations to model costs, inventory valuation, CapEx fixed assets, etc.
- Vendor Finance Management: Review and analyze the financial impacts of major vendor agreements, supplier contracts.
- Process Improvements: Identify opportunities to update legacy processes, implement scalable financial systems, and build automated reports/dashboards to support business growth.
- Ad-Hoc Executive Analysis: Drive rapid-turnaround financial modeling and big-data analysis to provide leadership with insights on pricing, risk management, and strategic investments.
- Prior experience navigating both the engineering side (foundries, OSATs, and CMs) and the commercial side of the semiconductor ecosystem.
- Basic SQL skills or experience manipulating large, complex datasets into clean financial models.
- MBA, CPA, or progress toward an advanced financial certification.
- Excellent communication and interpersonal skills, with demonstrated ability to build successful partnerships across different cultures and time zones.
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.
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
- April 2026 raised $80 million, bringing total funding to $152 million for scaling.
- nEye says first samples ship in 2026, creating a near-term proof point.
- AI gigawatt factories need lower-power composable networks, and nEye targets that exact bottleneck.
What critics are saying
- Foundry-based manufacturing still must pass customer qualification; delays push revenue beyond 2027.
- Google’s Apollo and other in-house OCS efforts reduce nEye’s addressable market.
- Lumentum, Coherent, and well-funded startups can commoditize optical switching before nEye scales.
What makes nEye unique
- nEye’s OCS-on-a-chip integrates silicon photonics, MEMS, and CMOS into one wafer-scale device.
- April 2026 Series C from Sutter Hill, CapitalG, and M12 validates hyperscaler demand.
- UC Berkeley roots and Ashish Vengsarkar’s telecom background fit hard networking infrastructure sales.
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Growth & Insights and Company News
6 month growth
↑ 35%1 year growth
↑ 35%2 year growth
↑ 64%nEye.ai raises $80M in Series C funding to scale optical circuit switching, boosting AI infrastructure performance and efficiency.
nEye.ai, a pioneer in integrated optical interconnects, has raised $80 million in Series C funding led by Sutter Hill Ventures, bringing total capital raised to $152 million. Alphabet's CapitalG, Microsoft's M12 and Socratic Partners also participated. The company develops proprietary Optical Circuit Switches for AI data centres, integrating silicon photonics, MEMS and CMOS into a single chip. This approach enables flexible pooling of CPU, GPU and memory resources whilst offering smaller footprint and lower power consumption than traditional switching solutions. Stefan Dyckerhoff from Sutter Hill Ventures will join nEye's board. The optical circuit switching market is projected to exceed $3 billion within three years. The funding will accelerate development and high-volume manufacturing of nEye's technology for hyperscale data centre applications.
nEye.ai secures $80 million Series C to scale Optical Circuit Switching for AI infrastructure. Investment led by Sutter Hill Ventures enables next-generation optical interconnects for AI Data Centers SANTA CLARA, Calif.-(BUSINESS WIRE)-nEye.ai, a pioneer in integrated optical interconnects, today announced it has raised $80 million in Series C financing led by Sutter Hill Ventures with participation from existing investors including Alphabet's independent growth fund, CapitalG; Microsoft's Venture Fund, M12; and Socratic Partners, among others. This latest infusion of capital brings nEye's total funding to $152 million. The funding will accelerate the development and high-volume manufacturing of nEye's proprietary Optical Circuit Switches (OCS). As AI gigawatt factories emerge as the standard for large-scale compute, the industry is shifting toward composable infrastructure. nEye's technology introduces compact, fast-switching optical layers that allow for the flexible pooling of CPU, GPU, and memory resources, ensuring data center architectures can evolve alongside rapidly advancing AI models. In conjunction with the financing, Stefan Dyckerhoff, Managing Director at Sutter Hill Ventures, will join the nEye Board of Directors. "The market for Optical Circuit Switching is projected to surpass $3 billion within the next three years," said Dyckerhoff. "By moving away from complex mechanical assemblies to a foundry-compatible wafer-scale process, nEye is positioned to deliver the most cost-effective, high-performance switching solution for scale-up, scale-out and scale-across applications." "Optical switching is now a requirement to unlock the true potential of AI training and inference at scale," said James Luo, General Partner at CapitalG. "We are doubling down on nEye because their 'OCS-on-a-chip' approach offers a unique path to meeting the extreme density and power constraints of modern hyperscale data centers." nEye integrates Silicon Photonics, MEMS, and CMOS into a single chip, allowing for a significantly smaller footprint and lower power consumption compared to traditional switching solutions - critical requirements for the power-constrained environments of next-generation data centers. "While this milestone validates our technology, our focus now shifts to scaling our foundry-based manufacturing and meeting the rigorous performance standards our customers demand," said Ashish Vengsarkar, CEO of nEye.ai. "The addition of Stefan and the team at Sutter Hill Ventures to our existing slate of strategic partners strengthens our ability to address all hyperscaler use-cases." About nEye.ai nEye.ai is a pioneer in reconfigurable optical interconnects, reimagining data center connectivity through its unique Optical Circuit Switch (OCS) on-a-chip architecture. By fusing silicon photonics with advanced MEMS technology, nEye.ai delivers the ultra-low latency, massive bandwidth, and superior power efficiency required to fuel the next generation of AI fabrics. Headquartered in Silicon Valley, nEye has received venture funding from Sutter Hill Ventures; Alphabet's independent growth fund, CapitalG; Socratic Partners; Microsoft's venture fund, M12; and Micron Technology. Learn more at http://neye.ai, and see open roles at https://www.neye.ai/join-us. More News From nEye.ai AMSTERDAM & BERLIN-( BUSINESS WIRE )-Duna, the identity fintech founded by two Stripe alumni, today announced a €30 million Series A funding round led by CapitalG, Alphabet's independent growth fund. Existing investors Index Ventures, Puzzle Ventures and Snowflake Chairman Frank Slootman also participated in the round. The company, based in Germany and the Netherlands, was launched in 2023 by Duco van Lanschot, who was head of Benelux and DACH at Stripe for three years, and David Schreiber, who... NEW YORK-( BUSINESS WIRE )-Clay, the leading AI go-to-market (GTM) development platform, today announced its second employee tender offer in nine months, giving team members the opportunity to sell a portion of their vested equity for liquidity. The tender offer values Clay at $5 billion, marking more than a 3x increase from the company's previous tender last spring. Tender offers - and especially repeat tenders at this pace - are extremely rare in the private market. Clay believes employees sh... IRVINE, Calif.-( BUSINESS WIRE )-Celero Communications, a leader in high-performance coherent DSP (digital signal processor) technology for AI infrastructure, today announced that it has raised a total of $140 million in funding. This includes a recent $100 million Series B investment led by CapitalG (Alphabet's independent growth fund) and earlier Series A and seed rounds totaling $40 million led by Sutter Hill Ventures with participation from Valor Equity Partners, Atreides Management, Maveri... nEye.ai. Release Versions
nEye, a developer of optical chips and devices, has secured $58 million in a Series B funding round. The investment was led by CapitalG, Alphabet Inc.'s growth-stage investment fund, with participation from Microsoft's M12 fund, Micron Technology, NVIDIA, and Socratic Partners.
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.