Lucidean Raises Series Seed Funding to Accelerate Next-Gen Coherent Optical Links for Data Centers; Announces Dr. James Raring as Chief Executive Officer
Lucidean, a Santa Barbara–based AI interconnect company pioneering coherent optical links for data centers, announced that Dr. James Raring has joined as Chief Executive Officer and that the company has raised $18 million in Seed financing. The Seed funding was co-led by Entrada Ventures and Koch Disruptive Technologies (KDT), with participation from Foothill Ventures, M Ventures, Cerberus Ventures, and Raptor Group. With this Seed funding and strong syndicate, Lucidean will expand R&D efforts, validate the performance and efficiency of the CohZero™ platform, and accelerate productization.
