Overview

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Total Equity Funding
$62.55M in 6 Rounds from 5 Investors
Most Recent Funding
$28.83M Venture on May 19, 2014
Headquarters:
Petaluma, California
Description:
Raydiance develops, manufactures and markets precision manufacturing solutions enabled by femtosecond laser technology.
Founders:
Categories:
Medical Device, National Security, Manufacturing
Website:
http://www.raydiance.com/
Social:

Company Details

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Raydiance is the world’s leading developer of ultrafast laser technology. Raydiance has built a deeply experienced team that draws expertise from the software, microelectronics, telecommunications and photonics industries.

Creator of the first compact, reliable, “industrial grade” femtosecond laser platform, Raydiance is powering an explosion of innovation in manufacturing, healthcare, defense and more.

Raydiance began when senior Defense Department officials introduced technology pioneer Barry Schuler to a DARPA project designed to miniaturize ultrafast lasers for military applications. Schuler immediately grasped the compelling capabilities of ultrafast lasers – if they could be liberated from highly controlled lab environments and transformed into small, inexpensive photonic engines that could power many applications.

Schuler brought together a world-class team to build the world’s first miniaturized, computer controlled, software driven “plug and play” ultrafast laser platform. Raydiance’s Smart LightTM technology is transforming a wide array of sectors, including medical micro-devices, clean tech energy, consumer electronics and defense applications.

The company has built the world’s first high-volume manufacturing facility capable of scaling production to thousands of units per year. Further, it has invented key technologies—such as its proprietary fiber delivery system—that support volume commercialization.

By aggregating many markets onto its platform, Raydiance is using volume-manufacturing techniques to drive costs down and open market opportunities. The company is rapidly transforming ultrafast technology from a unique research tool into a practical and broadly accessible platform technology.

Funding Rounds (8) - $67.58M

Update
DateAmount / RoundValuationLead InvestorInvestors
May, 2014$28.83M / Venture4
Dec, 2013$9.4M / Venture2
Jan, 2013$20M / Venture2
May, 2012$1.19M / Debt Financing0
May, 2011$3.83M / Debt Financing0
Jun, 2010$1.25M / Venture0
Dec, 2009$3.07M / Venture0
Nov, 2006undisclosed amount / Private Equity1

Current Team (10)

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Offices/Locations (1)

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  • Headquarters

    1450 N McDowell Blvd

    Petaluma, California 94954

    United States

Past Team (1)

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Images (1)

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