SIP Global Partners Announces its Follow-On Investment in Photonics Compute Leader, Lightmatter, Now Valued at $1.2B

Jan 22, 2024•almost 2 years ago

Mountain ViewManufacturing

Investors

Sip Global Partners

Description

SIP Global Partners announced its follow-on investment in Lightmatter, the leader in photonics, as part of the company's latest funding round. The investment will accelerate Lightmatter's path to deliver and scale high performance compute to the world's biggest cloud providers, semiconductor companies, and enterprises.

Company Information

Company

Lightmatter

Location

800 W. El Camino Rd #350

Mountain View, California, United States

About

Lightmatter is leading the revolution of computing, reducing impact on our planet, and enabling the next giant leaps in human progress. With the company’s photonics-enabled technologies, Lightmatter has reinvented how chips communicate and calculate. Its photonic interconnect and compute products simultaneously reduce the power consumption and increase the performance of silicon running the most advanced AI and HPC workloads.

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