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) - $67.58MUpdate
|Date||Amount / Round||Valuation||Lead Investor||Investors|
|May, 2014||$28.83M / Venture||—||—||4|
|Dec, 2013||$9.4M / Venture||—||—||2|
|Jan, 2013||$20M / Venture||—||Samsung Ventures||2|
|May, 2012||$1.19M / Debt Financing||—||—||0|
|May, 2011||$3.83M / Debt Financing||—||—||0|
|Jun, 2010||$1.25M / Venture||—||—||0|
|Dec, 2009||$3.07M / Venture||—||—||0|
|Nov, 2006||undisclosed amount / Private Equity||—||—||1|
Current Team (10)Update
|Aug 10, 2015||StrictlyVC - StrictlyVC: August 10, 2015|
|Jun 11, 2015||photonics.com - Raydiance $20M Funding Round Led by Samsung|
|Jun 11, 2015||WSJ Blogs - The Daily Startup: XTuit Pharmaceuticals Raises $22M for Cancer Treatment|
|May 19, 2014||SEC - SEC D/A|
|Nov 12, 2013||SEC - SEC FORM D|
|Aug 16, 2013||SEC - SEC FORM D|
|Aug 14, 2012||Xconomy - Raydiance Receives $20,000,000 New Funding|
|Aug 14, 2012||TechCrunch - Big Money For Nano-Innovations: Samsung Leads $20M Round In Raydiance For Laser Precision Manufacturing|
1450 N McDowell Blvd
Petaluma, California 94954