Teramount's photonic-plug for semiconductors enables next-generation cloud computing, AI-related machines, data centers, high-performance computers, 5G, and additional datacom applications, the company said.
The company is co-founded by close friends Hesham Taha and Avi Israel, in a rare example of a Jewish- and Arab-founded tech startup. Taha grew up in an Arab village in the north with no formal schooling, and was the first in his village to acquire a non-teaching academic education, as well as a master’s and doctoral degree.
The new funds will be used to continue the development and commercialization of Termamount’s technology. The company was founded in 2013.