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WHTop → 📋 News → Enfabrica Secures $115M to Advance AI Networking Solutions
Enfabrica Secures $115M to Advance AI Networking Solutions
📅 - At Supercomputing 2024 (SC24), Enfabrica, a high-performance networking silicon provider for accelerated computing and AI, announced it has raised $115 million in an oversubscribed Series C funding round. The money raised in this funding would enable Enfabrica to accelerate the production of its next-generation product line and expand its global research and development teams.
The financing, led by Spark Capital, included participation from new investors such as Arm, Cisco Investments, Maverick Silicon, Samsung Catalyst Fund, and VentureTech Alliance, alongside existing backers. This latest funding round would reinforce Enfabricas position at the forefront of AI infrastructure [...][... Check source for end of article ...]
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