lumilens press release

Lumilens Raises $700 Million to Replace Data-Center Wires With Light

Lumilens, which makes optical gear to speed up data flowing between AI servers, is valued at $5.5 billion in new funding

Post in: The Wall Street Journal

Lumilens, a two-year-old startup building optical-interconnection technology for data centers, has raised more than $700 million at a $5.5 billion valuation, as firms search for better ways to connect growing numbers of artificial-intelligence chips.

The financing was co-led by Atreides Management, Bain Capital Ventures, Meritech, Seligman Ventures and Spark Capital, the company said…