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Stockreport

nEye Systems Secures $72.5 Million to Revolutionize AI Infrastructure with Breakthrough Optical Switch Technology [Yahoo! Finance]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: Yahoo! Finance
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
EMERYVILLE, Calif., April 10, 2025 BUSINESS WIRE )--nEye Systems, an optical switch startup founded by UC Berkeley technologists, has announced the completion of a $58 million Series B round of financing led by Alphabet's independent growth fund, CapitalG, with participation from M12, Microsoft's venture fund; Micron Ventures; NVIDIA; and Socratic Partners. This financing brings the company's total funding to $72.5 million; nEye previously secured an unannounced Series A led by TEDA Holdings with support from Innolight Technology USA and additional Seed funds. nEye's innovative optical switch technology is poised to transform the AI fabric by addressing critical communication bottlenecks in data centers, high-performance computing (HPC), and artificial intelligence (AI) and machine learning (ML) systems. Current infrastructures, which rely primarily on electrical switches, face significant challenges in power consumption as well as bandwidth limitations. This hinders utilization an [Read more]
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Stockreport

nEye Systems Secures $72.5 Million to Revolutionize AI Infrastructure with Breakthrough Optical Switch Technology [Yahoo! Finance]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
More Company Research Source: Yahoo! Finance
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
EMERYVILLE, Calif., April 10, 2025 BUSINESS WIRE )--nEye Systems, an optical switch startup founded by UC Berkeley technologists, has announced the completion of a $58 million Series B round of financing led by Alphabet's independent growth fund, CapitalG, with participation from M12, Microsoft's venture fund; Micron Ventures; NVIDIA; and Socratic Partners. This financing brings the company's total funding to $72.5 million; nEye previously secured an unannounced Series A led by TEDA Holdings with support from Innolight Technology USA and additional Seed funds. nEye's innovative optical switch technology is poised to transform the AI fabric by addressing critical communication bottlenecks in data centers, high-performance computing (HPC), and artificial intelligence (AI) and machine learning (ML) systems. Current infrastructures, which rely primarily on electrical switches, face significant challenges in power consumption as well as bandwidth limitations. This hinders utilization an [Read more]
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