The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

Founded Year

1998

Stage

Dead | Dead

Total Raised

$43.4M

About Trellis Photonics

Trellis Photonics is a Columbia, Md.-based company with research facilities in Israel, dedicated to delivering the missing piece in the all-optical network.

Trellis Photonics Headquarter Location

10025 Governor Warfield

Columbia, Maryland, 21044,

United States

410-997-9996

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing Trellis Photonics

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Trellis Photonics is included in 1 Expert Collection, including Semiconductors, Chips, and Advanced Electronics.

S

Semiconductors, Chips, and Advanced Electronics

6,091 items

Companies in this collection develop everything from microprocessors to flash memory, integrated circuits specifically for quantum computing and artificial intelligence to OLED for displays, massive production fabs to circuit design firms, and everything in between.

Latest Trellis Photonics News

Trellis Photonics lays off more staff - Haaretz - Israel News

Jan 6, 2017

stumbleupon The Israeli communications startup Trellis Photonics laid off 20 employees at its research and development center in Jerusalem earlier this week. This is the third round of redundancies at the company in the last year, leaving it with 35 employees compared to 160 a year ago. As part of its restructuring program, Trellis also appointed Amnon Yacoby as its acting chairman. Yacoby, one of the founders of Floware, served until January 2002 as co-CEO of Alvarion, which was formed by the merger of BreezeCOM and Floware. Trellis' current chairman, Aharon Mankovski, will become a member of the board of directors. Yacoby will be placed in charge of completing the company's restructuring program, including a change in its business model and the development of a completely new product that is due to be released in 2003. The optical networking magazine Light Reading said recently that as the result of the emergence of strong competitors in the market, Trellis had been forced to cancel its plans to manufacture big switches that handle up to 1,920 wavelengths. Light Reading wrote that Trellis would focus on smaller switches and, rather than building complete switches, shift toward making electro-holographic components that could be used by system vendors to build their own. Trellis refused to release details of its new product, but did confirm that it would operate as a Fabless company contrary to its original business plan. Trellis was once considered one of the most promising optics companies in Israel and its name had been connected with communications giants Nortel Networks and Alcatel. The company was founded in 1999 by Prof. Aharon Agranat with the aim of developing products based on a scientific discovery called electroholography. Using the discovery, Trellis hoped to create the world's fastest optical switching technology by eliminating the conversion of light to electricity. To date, Trellis has raised a total of $37 million. In its last financing round in August 2000, Trellis raised $25 million at a company value of $150 million. Several leading venture capital firms including Pitango Venture Capital, Yozma Venture Capital, Carlyle Group and Skypoint Capital took part in the financing round. Another investor in the company was the collapsed energy giant, Enron. Since then, however, things have gone downhill for the company. The global communications market crisis led Trellis to cancel a planned $100 million fundraising round and cancelation of plans to build a factory in the United States. At the same time the company's management came under heavy criticism, particularly its American CEO, Tim Cahall, a former senior executive at Lucent Technologies. Critics claimed that Cahall was not capable of dealing with the unique challenges posed by managing a startup. Development of the company's technology also ran into trouble, and the commercial launch of its product was postponed from 2001 to mid 2002 and then again to the beginning of 2003. In mid-2001, Aharon Mankovski of Pitango Venture Capital was appointed chairman of the company in order to carry out a restructuring program. Cahall was dismissed as CEO and replaced by Eviatar Halevi. At the end of 2001, Trellis shut down its Yokneam center and laid off another 60 employees in Israel and the U.S. Industry sources believe the company's cash reserves are running low, but sources close to the company said that the existing investors plan to pump more funds into Trellis to complete the restructuring program. Want to enjoy 'Zen' reading - with no ads and just the article? Subscribe today

  • When was Trellis Photonics founded?

    Trellis Photonics was founded in 1998.

  • Where is Trellis Photonics's headquarters?

    Trellis Photonics's headquarters is located at 10025 Governor Warfield, Columbia.

  • What is Trellis Photonics's latest funding round?

    Trellis Photonics's latest funding round is Dead.

  • How much did Trellis Photonics raise?

    Trellis Photonics raised a total of $43.4M.

  • Who are the investors of Trellis Photonics?

    Investors of Trellis Photonics include The Carlyle Group, Agilent Technologies, Anschutz Investment Company, Enron, Pitango Venture Capital and 7 more.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.