This summary is generated by an algorithm. If you find any mistakes, let us know.

Asia Machinery Manufacturing Manufacturing Semiconductor

Xsight Labs Closes Series D Funding Led by Valor and Atreides, Joined by Fidelity

– Xsight Labs announced the closing of its Series D funding.
– The round was led by Valor Equity Partners and Atreides Management and was joined by new investor Fidelity Management & Research Company.
– Existing investors Battery Ventures, Intel Capital, M12 Microsoft’s Venture Fund and Xilinx, increased their investments.
– Additionally, Accton Technology joined as a new strategic investor.
– Xsight Labs’ Series D was significantly oversubscribed and is the largest round ever raised by our group.
– Xsight Labs emerged from stealth in December 2020 and announced the sampling availability of X1, the industry’s first 25.6T data center switch with 100G PAM4 SerDes.

Source
Crunchbase icon

Content report

The following text will be sent to our editors: