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Xsight Labs Closes Series D Funding Led by Valor and Atreides, Joined by Fidelity

Mar 03, 2021over 4 years ago

Round Type

series d

Tel Aviv

Description

Xsight Labs, a fabless semiconductor startup company, today announced the closing of its Series D funding. The round was led by Valor Equity Partners and Atreides Management and was joined by new investor Fidelity Management & Research Company. Existing investors Battery Ventures, Intel Capital, M12 Microsoft’s Venture Fund and Xilinx, increased their investments. Additionally, Accton Technology joined as a new strategic investor.

Company Information

Company

Xsight Labs

Location

Tel Aviv, Tel-Aviv District, Israel

About

Xsight Labs is a fabless semiconductor company that enables end-to-end connectivity for the next generation of cloud service providers and hyperscale data center networks. Xsight Labs’ technology delivers exponential bandwidth growth while lowering power and total cost of ownership. Founded in 2017, Xsight Labs is headquartered in Kiryat Gat, Israel, and has offices in Tel-Aviv, Binyamina, Boston, MA, Raleigh, NC, and San Jose, CA. For additional information, visit www.xsightlabs.com.

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