Eliyan raises $40M

Santa Clara, Calif.-based chiplet interconnect technology company Eliyan has raised a $40 million Series A funding round. The investments were led by Tracker Capital.

Celesta Capital, Intel Capital and Micron also participated in the investments.

Dr. Shaygan Kheradpir of Cerberus, former Group CIO and a founding member of the executive leadership committee at Verizon, will join the board of directors of Eliyan.

In a statement, Eliyan said the company’s first silicon is expected in the first quarter of 2023.