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Lightmatter Announces $400 Million Series D Funding Round Led by T. Rowe Price Associates

Oct 19, 2024•over 1 year ago

Contract Type

partnership

New YorkSoftwareArtificial IntelligenceMachine Learning

Description

This week, Lightmatter, a startup specializing in photonic tech for data centers, disclosed a $400 million Series D funding round led by T. Rowe Price Associates. With the funding, Lightmatter plans to deploy Passage technology to data center partners, enabling sustained AI innovation and revolutionizing AI computing.

Company Information

Company

Opti

Location

New York, New York, United States

About

Opti is an AI-native identity and access management (IAM) platform founded in 2024 by cybersecurity entrepreneurs Barak Perelman, Mille Gandelsman, and Ido Trivizki to automate identity operations and strengthen enterprise security. Using advanced GenAI and specialized large language models, Opti reduces risk, improves compliance, and enables organizations to operate more efficiently, securely, and cost-effectively.

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Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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