Sheppard advised nEye.ai, a pioneer in integrated optical interconnects, in its $80 million Series C financing led by Sutter Hill Ventures and participation from existing investors including Alphabet’s independent growth fund, CapitalG; Microsoft’s Venture Fund, M12; and Socratic Partners, among others. As part of the financing, Sutter Hill Ventures’ managing director Stefan Dyckerhoff will join nEye’s board of directors.
This round of capital brings nEye’s total funding to $152 million and will help accelerate the development and high-volume manufacturing of nEye’s proprietary Optical Circuit Switches (OCS). nEye’s OCS technology introduces compact, fast-switching optical layers that allow for the flexible pooling of CPU, GPU and memory resources, ensuring data center architectures can evolve alongside rapidly advancing AI models.
The Sheppard deal team was led by Stephanie Zeppa and included Autumn Schmidt and Kylie Arman.
Read more here.