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Point2 Technology Announces $22M Investment To Deliver The Next Generation Of Data Center And 5G Connectivity Solutions

May 25, 2022•about 3 years ago

Amount Raised

$22 Million

San Jose

Description

Point2 Technology, a leading provider of high-performance, low-power connectivity solutions for cloud and 5G infrastructure, announced today a $22M Series B funding round. The round was led by GU Equity Partners, LLC with participation from new investors Molex Ventures, Samsung Securities, Shinhan Capital, Tigris Investment, K2 Investments and Korea Omega Investment. Existing investors GU Equity Partners, Timefolio Investment, Nautilus Venture Partners, Quantum Ventures Korea and Walden International also participated in the round of funding.

Company Information

Company

Point2 Technology

Location

San Jose, California, United States

About

Point2 Technology, headquartered in San Jose, Calif., designs and manufactures low-power, high-speed, point-to-point interconnect and range enhancement solutions designed to meet the bandwidth requirements of cloud-based data centers and 5G infrastructure. Founded by an accomplished team from Marvell, Finisar and Samsung, Point2 is a leading innovator that is reimagining data center and 5G cloud infrastructure interconnects in the multi-terabit era. www.point2tech.com

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