Point2 Technology has raised $136 Million in new Series B funding
According to filings with the U.S. Securities and Exchange Commission, Point2 Technology has raised $136 Million in new Series B funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.
Investors in the company’s current round of funding include: LB Investment, Arm, Maverick Silicon
About Point2 Technology
Point2 Technology is a San Josebased company that designs and manufactures ultra-low-power, low-latency interconnect and range-enhancement SoC solutions for high-speed connectivity. Its products are aimed at hyperscale AI/ML data centers, cloud infrastructure, and 5G networks, where bandwidth, power efficiency, and reach are critical. The company says its interconnect solutions are purpose-built for Active Electrical Cables and are designed to overcome the limitations of copper and optical interconnects as networks move to multi-terabit levels. Point2 also highlights its Cloud Connect Engine and e-Tube platform, which use smart retimers and advanced signal processing to deliver more energy-efficient cable interconnects. The company presents itself as a leading innovator in next-generation data-center and 5G connectivity, and it emphasizes scalable, ultra-low-power technology for future AI infrastructure.
To learn more, visit https://point2tech.com/
Linkedin: https://www.linkedin.com/company/point2-technology/
Contact:
Sean Park, Chief Executive Officer
https://www.linkedin.com/in/sean-park-01aa635
SOURCE: http://www.intelligence360.io
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