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Sheppard Mullin Guides nEye Systems in Series B Financing

NORTHERN CALIFORNIA RECORD

Tuesday, April 15, 2025

Sheppard Mullin Guides nEye Systems in Series B Financing

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Sheppard Mullin represented nEye Systems, Inc. in its Series B financing round, which was led by Alphabet’s independent growth fund, CapitalG, with participation from M12 (Microsoft’s venture fund), Micron Ventures, NVIDIA and Socratic Partners.

nEye Systems is an optical switch startup founded in 2020 to revolutionize the future of data centers. nEye’s MEMS-based silicon photonics optical circuit switches (OCS) eliminate critical bottlenecks in AI processing by enabling direct optical connections among thousands of GPUs and memory units. The company's SuperSwitch is an ultra-low power consumption, high radix, compact chip-scale design, offering hyperscale data centers enhanced performance, efficiency and scalability. As a well-funded early-stage company, it is positioned to become a significant player in several multibillion-dollar markets.

The Sheppard Mullin deal team was led by partner Stephanie Zeppa with assistance from associates Autumn Schmidt and Max Fuery.

Original source can be found here.

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