Retym, an Israeli semiconductor startup, has successfully secured $40.4 million in funding according to recent disclosures to the SEC. The investment round, led by prominent investors Kleiner Perkins, Mayfield, and Alif Semiconductor, underscores the company’s potential in disruptive technologies.
Innovating for Next-Generation Data Centers
Retym‘s core mission centers around addressing the evolving demands of next-generation data centers. Their approach involves advancing optical networking, Digital Signal Processing (DSP) technology, Deep Learning, and AI. Aiming to transform the datacenter and telecommunications industries, Retym’s team of 15 ASIC designers and optical communications experts are dedicated to developing groundbreaking technologies.
Holistic Involvement in Chip Lifecycle
Retym’s influence spans the entire chip lifecycle, encompassing design, physical realization, and silicon testing. Their emphasis on innovation extends beyond theory to tangible silicon applications. Their Cupertino headquarters and Tel Aviv-based R&D operations reflect their global commitment to disruptive advancements.
Founders and Leadership
The startup’s founders include Sachin Gandhi, an accomplished CEO and serial entrepreneur behind dryv.io and Xpliant. Dr. Roni El-Bahar, Retym’s CTO, brings a wealth of experience from his tenure as the CTO of Huawei Israel Research Center.
Investment Landscape and Board Additions
Kleiner Perkins and Mayfield’s participation in this funding round signifies a growing interest in AI semiconductor startups. This funding marks the first investment by Kleiner Perkins and Mayfield in 2023. As a result of the funding, key figures like Mamoon Hamid, Partner at Kleiner Perkins, Navin Chaddha, Managing Partner of Mayfield, and Syed Ali, CEO of Alif Semiconductor, have joined Retym’s board of directors.
TL;DR:
Retym, an Israeli semiconductor startup, secures $40.4 million in funding from investors including Kleiner Perkins, Mayfield, and Alif Semiconductor. Focused on advancing optical networking, DSP technology, and AI, Retym aims to revolutionize next-gen data centers and telecommunications. With a dedicated team of experts, they span the chip lifecycle from design to silicon applications. Founders include CEO Sachin Gandhi and CTO Dr. Roni El-Bahar. Mamoon Hamid, Navin Chaddha, and Syed Ali join Retym’s board following this funding round.
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