Tech Company Financing Transactions
Quintessent Funding Round
On 3/14/2024, Quintessent raised $11.5 million in Seed financing from Osage University Partners, Entrada Ventures and Foothill Ventures.
Transaction Overview
Company Name
Announced On
3/14/2024
Transaction Type
Venture Equity
Amount
$11,500,000
Round
Seed
Investors
Osage University Partners (Lead Investor) (Manny Stockman)
Proceeds Purpose
This new funding allows the company to grow the team and accelerate the development of optical interconnects built on top of a technology stack including its multi-wavelength comb laser.
Company Information
Company Status
Private & Independent
Industry
Networking
Mailing Address
120 Cremona Dr 155
Goleta, CA 93117
USA
Goleta, CA 93117
USA
Phone
Undisclosed
Website
Email Address
Overview
We develop optical connectivity solutions to scale computing and A.I. The resurgence of chip investments has driven an upward inflection in the performance of individual compute chips, but the ability of those chips to communicate with one-another has not kept pace. Communication, not computation, is now the system level bottleneck in large-scale computing and AI applications.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
John Bowers
Chief Executive Officer
Alan Liu
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