According to Huoxing Finance, AI data center optical interconnect company iPronics has announced the completion of a $125 million Series B round led jointly by Maverick Silicon and Light Street Capital, with participation from NVIDIA, Triatomic Capital, Bosch Ventures, Catalight Capital, and the European Innovation Council Fund. The company’s total funding now reaches $177 million. iPronics provides rack-mounted optical switching solutions for AI infrastructure, enabling AI clusters to dynamically adjust network connections in real time for training and inference workloads through a programmable optical layer. The new funds will be used to scale operations and accelerate commercial deployment.
iPronics Completes $125M Series B Funding Led by Maverick Silicon and Light Street Capital
MarsBitShare
Summary
iPronics secured $125 million in project funding during its B-round, co-led by Maverick Silicon and Light Street Capital. NVIDIA, Bosch Ventures, and others also participated. The company now has a total of $177 million in funding. Focused on AI and crypto, iPronics develops optical switching equipment for AI infrastructure, enabling clusters to dynamically adjust network connections for training and inference. The new capital will expand operations and accelerate commercial deployment.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.