Semiconductor Startup MultiPhy Raises $17M, Partners With Semtech

January 18, 2016 | Semiconductor startup MultiPhy has raised  $17 million in a new round of funding and formed a strategic alliance with Semtech Corp. The investment will help Multiphy to develop the next generation of its flagship solution FlexPhy IC, a chipset which supports data centers by transmitting information at faster speeds. Semtech will help market FlexPhy and take a major stake in the company. Though Multiphy did not announce which investors participated in this round, previous investors include, include Carmel Ventures, Maayan Ventures, Vertex Ventures and Ransomshire Associates. Founded in 2007 by CTO Dan Sadot, MultiPhy has become well known for developing chipsets that support 100G Ethernet optical transceivers in data centers, especially important for heavy data applications such as video streaming.