# Phyworks

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/phyworks

- Industry: Semiconductors
- Headquarters: Bristol, UK
- Website: www.phyworks-ic.com
- Total disclosed funding: $23M
- Latest round: Series B (Sep 16, 2003)
- Investors on record: 4

## About

Founded in 2001 by its CEO Stephen King, and based in UK, Phyworks Ltd. is a fabless semiconductor company that designs and manufactures optical transceiver chips for the broadband communications market. The company is present in the U.S. and Asia, including China, Korea, and Japan. 

In September 2003, Phyworks Ltd. raised USD 13.3 million Series B funding round led by Advent Venture Partners, with existing investors Atlas Venture, Add Partners, and Prelude. Additionally, in September 2010, Maxim Integrated Products, Inc (Nasdaq: MXIM) acquired Phyworks Ltd. for approximately USD 72.5 million in cash. 

The company's line of products includes analog and mixed-signal integrated circuits (ICs) designed to provide ultra-high-performance to optical fiber and copper cable communications in datacom, storage, and telecom systems - specifically fiber-to-the-home (FTTH).

## Funding rounds

- Series B, Sep 16, 2003, $13M — Atlas Venture, Add Partners, Advent Venture Partners, Prelude Ventures
- Series A, Feb 1, 2002, $10M — Atlas Venture, Add Partners, Prelude Ventures

## Investors

- Atlas Venture (https://capitalatlas.ai/funds/atlas-venture) — Series A, Series B
- Add Partners (https://capitalatlas.ai/funds/add-partners) — Series A, Series B
- Prelude Ventures — Series A, Series B
- Advent Venture Partners (https://capitalatlas.ai/funds/advent-venture-partners) — Series B