Wednesday Oct 16, 2024

Lightmatter Unicorn News: Lightmatter Raises $400 Million For Photonic Networking

Lightmatter Unicorn News - October 16, 2024

Lightmatter Inc. has secured $400 million in Series D funding to advance their photonic data center networking technology, aiming to revolutionize data center operations with their Passage technology. This funding round, led by T. Rowe Price, marks a significant step towards enhancing AI and machine learning capabilities across the tech industry.

Sources
https://siliconangle.com/2024/10/16/lightmatter-raises-400m-4-4b-valuation-next-gen-photonic-data-center-networking/
https://biztoc.com/x/2183a5b739f1ed7c
https://techcrunch.com/2024/10/16/lightmatters-400m-d-round-has-ai-hyperscalers-hyped-for-photonic-datacenters/

Outline
(00:00:00) Introduction
(00:00:34) Lightmatter Secures $400M Funding to Enhance Photonic Data Center Networking

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