Rockley Raises $40M

Rockley Photonics Ltd., a developer of integrated optics for high-density digital systems, has raised $40 million in its most recent funding round.

This latest investment will enable Rockley to rapidly expand the design and production of its platform for high-performance optical networking solutions, imaging and sensor photonics and custom photonics for consumer applications.

Rockley’s differentiated silicon manufacturing technology produces devices at a competitive cost with low-power consumption. Its ability to integrate electronics and photonics without compromising manufacturability or performance enables use in emerging applications. The company’s target markets include consumer electronics, autonomous vehicles, biomedical and industrial sectors, as well as high-performance networking optics for datacenter and infrastructure networking.

“The industry has responded strongly to our platform approach, especially given its flexibility to address a range of market applications,” said Andrew Rickman, CEO of Rockley. “This round of funding will enable us to focus our technology on these emerging, high-growth market opportunities.”

Rockley develops silicon photonics for data communications networks.