Last updated 2026-09-02
- Acquired by Memscap S.A. for $16M, Aug 2003
- Raised $8M Seed round led by Evergreen Venture Capital, May 2001
Total raised
$8.0M
Last: Undisclosed Round 2002-01
Stage
Acquired
Founded
2000
Headcount
16
HQ
Lod, Israel
Sector
Optical Communications
Registrar ID: 513008326 (GalayOr Networks)
About
GalayOr Networks was an Israeli startup that developed technology to channel light on semiconductor chips, creating photonic networks to reduce chip size and for use in optical components. The company's technology was based on silicon waveguides, initially called MOMS (micro opto-mechanical systems), which were designed for cheap manufacturing and bendability, enabling functions like optical switching. They developed products such as variable optical attenuators (VOA), optical add-drop multiplexers (OADM), and optical switches.
Funding history · 1 round · $8.0M total
1 event/round · $8.0M Total Funding: $8.0M in Private Equity
May 2001
★ Evergreen Venture Capital★ Evergreen Canada-Israel InvestmentsSTI VenturesNeurone Ventures
Headcount over time
16 employees (2026-09) · 1 point
Offices
Lod, Israel · HQ / main office
Q&A
- What is GalayOr Networks' primary business?
- GalayOr Networks specializes in developing integrated micro opto-mechanical systems (MOMS) for photonic switching and optical signal management.
- When was GalayOr Networks founded?
- GalayOr Networks was founded in January 2000.
- What is the current status of GalayOr Networks?
- GalayOr Networks is currently active, though it was acquired by MEMSCAP in March 2003.
- Where is GalayOr Networks headquartered?
- GalayOr Networks is headquartered in Lod, Center District, Israel.
- What was the total amount raised by GalayOr Networks?
- GalayOr Networks raised a total of $8,000,000.
- Which investor participated in GalayOr Networks' funding round?
- Evergreen Venture Partners participated in GalayOr Networks' funding round in January 2002.
- What technology did GalayOr Networks develop?
- GalayOr Networks developed technology that enabled chip-level optical waveguides for functions such as add-drop multiplexing, optical attenuators, tunable Dense Wavelength Division Multiplexing (DWDM), and signal switching.
- What is GalayOr Networks' primary sector?
- GalayOr Networks' primary sector is Industrial Technologies.
Team · 4
Dr. Dan Heronian
Founder · Co-Founder
Dr. Uri Geiger
Founder · CEO
Noel Elman
Founder · CTO
Dr. David Abraham
CTO
Sectors & technology
Primary sector
Optical Communications
Technologies
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
Identifiers & details
| Founded | 2000 |
|---|---|
| Employees (exact) | 16 |
| Status reason | Acquired (Inactive) by MEMSCAP on Mar 2003 - closed due to acquisition |
Acquisitions & public offerings
Acquired by Memscap S.A. 2003-08 $16.0M
Radar intelligence
Patents
| EPO | 1 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 513008326 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2000-09-13 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | yes |
| Last annual report | 2002 |
| Active charges / liens | 0 |
| Registry events | 0 |
| Registered address | יודפת 1 לוד |