Halo has raised $23.0M in total across 2 funding rounds.
Halo's investors include Volition Capital, 20VC, AirAngels, Asymmetric Capital Partners, Buckley Ventures, Coalition Operators, Craft Ventures, Earl Grey Capital, foobar.vc, Mantis VC, Ann Bordetsky, Pareto Holdings.
Halo Technology is a global manufacturer of compatible optical transceivers and high-speed connectivity solutions, operating under brands like ProLabs, AddOn Networks, and Skylane Optics. It serves enterprise, telecom, and government sectors by providing fiber optic transceivers, cables, and networking products that enable data center and telecommunications infrastructure.[1][2] The company solves compatibility and performance challenges in high-speed optical networking, with subsidiaries benefiting from shared manufacturing and innovation synergies; it was acquired by Amphenol Corporation in December 2021, enhancing its scale in a market demanding faster data transmission.[1][2]
Revenue stands at approximately $95 million, with around 350 employees across facilities in the US (e.g., Tustin, California) and UK (Gloucestershire).[1][2] Growth includes strategic acquisitions like Skylane Optics in 2021, expanding its global footprint as the leader in compatible optics.[2]
Halo Technology emerged from the alliance of ProLabs and AddOn Computer Peripherals, forming a unified group to leverage synergies while retaining individual brands. Headquartered initially in the UK with US operations, it positioned itself as a vendor of optical transceivers for telecom and data centers.[1] A pivotal moment came with the 2021 acquisition of Skylane Optics, announced January 28, 2021, which solidified its role as the world's largest manufacturer of compatible fiber optics and boosted high-speed capabilities.[2]
The full acquisition by Amphenol Corporation on December 1, 2021, marked a major evolution, integrating Halo into a larger connectivity powerhouse and accelerating access to advanced manufacturing.[1][2] This backstory reflects a trajectory from specialized vendors to a scaled player riding data explosion demands.
Halo Technology rides the explosive growth in data center infrastructure and 5G/edge computing, where demand for affordable, high-speed optical transceivers surges amid AI, cloud migration, and bandwidth needs. Timing aligns with the post-2021 data boom, as hyperscalers like AWS and Google expand footprints, favoring compatible optics to cut capex by 30-50% over OEMs.[1][2] Market forces like supply chain disruptions and OEM pricing pressures amplify its value, positioning Halo as an enabler for telcos and enterprises scaling to 400G/800G speeds.
It influences the ecosystem by democratizing access to advanced connectivity, fostering competition that lowers barriers for smaller players and accelerates network upgrades globally.[1][2]
Under Amphenol, Halo Technology is poised to dominate compatible optics amid AI-driven data deluges, with expansions into 800G+ transceivers and silicon photonics. Trends like edge AI and 6G will propel demand, potentially doubling its addressable market as capex hits $1T+ annually in data infrastructure. Its influence may evolve toward integrated pluggables for co-packaged optics, solidifying leadership in a $20B+ segment—echoing its origins as a synergy powerhouse now fueling the connected world.[1][2]
Halo has raised $23.0M across 2 funding rounds. Most recently, it raised $20.0M Series A in February 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 1, 2024 | $20.0M Series A | Volition Capital | |
| Sep 1, 2022 | $3.0M Seed | 20VC, AirAngels, Asymmetric Capital Partners, Buckley Ventures, Coalition Operators, Craft Ventures, Earl Grey Capital, foobar.vc, Mantis VC, Ann Bordetsky, Pareto Holdings, Seedcamp, Slow Ventures, Terra Venture Partners, Trust Fund, Village Global, Volition Capital, Baron Davis, Chris Murphy, Claire Hughes Johnson, Daniel Rosensweig, George Ruan, Julian Shapiro, Louis Beryl, Manik Gupta, Mark Pincus, Mathilde Collin, Melissa Tan, Peter Kazanjy, Ryan Tedder, Scott Belsky, Siqi Chen, Tyler Willis, Vindi Banga |
