AUCKLAND, NEW ZEALAND – Quantifi Photonics, a New Zealand photonics test and measurement company, has completed an oversubscribed Series B funding round of US$10M from leading New Zealand technology investors to focus on US growth.
The company will use the new funds to expand its US-based sales, marketing, and customer support teams from its US headquarters in Austin, Texas. It will also accelerate its product roadmap to target companies that are ramping up R&D and manufacturing of 400G optical transceivers.
Dan Henmi, Quantifi Photonics’ VP of Sales for North America says “It’s fantastic to receive strong support from technology-savvy investors who recognize the capability of our team and the opportunity for Quantifi Photonics to carve out a leadership position in the photonics test and measurement industry in the US.”
Formerly known as Coherent Solutions, Quantifi Photonics established a leading position in coherent optical communications test and measurement, with instruments installed in leading telecom R&D labs across the globe.
“Photonics test, particularly for optical communications, evolves so rapidly that customers are often looking for solutions that don’t yet exist. Our understanding of current test challenges and our innovative technology platform means we can quickly develop solutions to keep up with customer needs. It’s allowed us to build a loyal customer base who are asking us to solve very difficult problems in optical communications and across new aerospace and defense applications,” says Dan.
The company is now developing products to enable optical transceiver manufacturers to perform a complete range of electrical and optical tests on high data rate optical transceivers within a single test platform.
With test and validation of photonic devices contributing significantly to total production cost, improvements to test efficiency enables significant cost savings for customers.
The company is launching a PXI PAM4 BERT module that will enable 400G transceiver testing in Q3 2021, and intends to support manufacturers of pluggable coherent transceivers using its expertise and signal analysis software designed for coherent optical communications.
Andy Stevens, CEO and co-founder of Quantifi Photonics, says “We have significant opportunities with a number of existing customers, and we are focused on becoming a leading supplier to the world’s largest photonics manufacturers over the next five years. With the new funding and Dan’s leadership of our US expansion we are in an excellent position to execute our US growth strategy.”