Santa Clara-based Eliyan has raised $145 million in an oversubscribed Series C, reaching a $1 billion valuation, led by Seligman Ventures with new strategic investors Cisco Investments and Lumentum.
Founded by repeat entrepreneurs Ramin Farjadrad, Patrick Soheili, and Syrus Akbari, Eliyan is building the high-speed interconnect technology that powers the next generation of AI infrastructure.
The funding will accelerate the company’s expansion into electro-optical interconnects, one of the fastest-growing areas of AI computing.
Santa Clara-based chip interconnect startup Eliyan has raised $145 million in an oversubscribed Series C, valuing the company at $1 billion. Seligman Ventures led the round, joined by two new strategic backers: Cisco Investments and Lumentum.
It is a strange thing to admit for an industry obsessed with faster chips: the chips are no longer the problem. It is what connects them. As AI models spread across hundreds or thousands of processors, the wiring between them has become the bottleneck, leaving expensive GPUs idle while they wait for data.
