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Lightmatter, a Mountain View, California-headquartered startup building photonic tech in datacenter networking chips, said on Wednesday it has raised $400 million in a Series D funding round at a valuation of $4.4 billion.New investor T. Rowe Price led the funding round, with participation from existing back

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Singapore

Photonic startup Lightmatter raises $400 million amid AI datacenter boom, eyes IPO next

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Lightmatter Inc., a startup building photonic supercomputing products, today announced it has raised $400 million in a late-stage round, raising the company’s valuation to $4.4 billion. The Series D round was led by T. Rowe Price Associates and joined by existing investors, including Fidelity Management & Research Co. and GV, the venture capital arm of […] The post Lightmatter raises $400M at $4.4B valuation for next-gen photonic data center net…

SiliconANGLE

Lightmatter raises $400M at $4.4B valuation for next-gen photonic data center networking - SiliconANGLE

Lightmatter, a Mountain View, California-headquartered startup building photonic tech in datacenter networking chips, said on Wednesday it has raised $400 million in a Series D funding round at a valuation of $4.4 billion. New investor T. Rowe Price led the funding round, with participation from existing backers including Fidelity and Alphabet’s GV.     The latest funding […]

Financial Chickens

Lightmatter, a startup that uses light to link chips together and to do calculations for the deep learning necessary for AI, locked up a $400 million Series D led by new investor T. Rowe Price at a $4.4 billion valuation. The new round nearly quadruples its previous valuation of $1.2 billion in December after a $155 million raise led by GV — which along with Fidelity Management and Research Co. also participated in the new round. As Big Tech pou…

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Photonic Startup Lightmatter Raises $400M Amid Data Center Frenzy; Hits $4.4B Valuation

Lightmatter, a leader in photonic supercomputing, has raised $400 million in Series D funding, quadrupling its valuation to $4.4 billion. This investment will enable the company to ready its Passage technology for mass deployment in partner data centers, facilitating the scaling required for sustained AI innovation. "We're not just advancing AI infrastructure - we're reinventing it," said Lightmatter co-founder and CEO Nick Harris. The company's…

quantumzeitgeist.com

Photonic Company Lightmatter Raises $400M To Revolutionize AI Data Center Infrastructure

Amid unprecedented demand for extreme-scale data centers, Lightmatter prepares for next phase of growth    
Lightmatter, the leader in photonic supercomputing, announced today it has raised a $400 million Series D, valuing the company at $4.4 billion and bringing the total capital raised to date to $850 million. The round was led by new investors advised by T. Rowe Price Associates, Inc. with participation from existing investors, including Fide…

cioinfluence.com

Lightmatter Raises $400 Million Series D; Quadruples Valuation to $4.4 Billion as Photonics Leader for Next-Gen AI Data Centers

Photonic startup Lightmatter raises $400 million amid AI datacenter boom, eyes IPO next

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