Xsight Raises $300 Million At $2.8 Billion Valuation Led By Fidelity
Xsight raised $300 million in a funding round led by Fidelity Investments at a $2.8 billion post-money valuation.
The Israel-based company manufactures server networking and storage chips and stated that demand is accelerating for its E1 800G DPU and X2 switch products among global network operators, OEMs and hyperscalers.
From the sources (3 posts)
@techmemeIsrael-based Xsight, which makes server networking and storage chips, raised $300M led by Fidelity Investments at a $2.8B post-money valuation (@_pheebini / The Information) (Visit Techmeme dot com for the link and full context!)
@xsightlabsThrilled to announce we’ve raised $300M+ at a $2.8B valuation to power next-gen #AI and #cloud networks! Demand for our E1 800G #DPU & X2 #switch is accelerating across global operators, #OEMS & #hyperscalers. Full update: https:/
@calcalistechIsraeli chip company @XsightLabs raises $300 million at $2.8 billion valuation. The startup is gaining traction with global network operators and hyperscalers as demand surges for chips that can connect the massive computing systems poweri