Tech Company Financing Transactions
Point2 Technology Funding Round
Point2 Technology secured a $22.6 million Series B funding round on 2/15/2024. Backers included Bosch Ventures, Molex Ventures and private investors.
Transaction Overview
Company Name
Announced On
2/15/2024
Transaction Type
Venture Equity
Amount
$22,600,000
Round
Series B
Investors
Molex Ventures (Lily Yeung)
Proceeds Purpose
This extension will validate the demand for Point2's technology in AI/ML data center applications.
Company Information
Company Status
Private & Independent
Industry
Components
Mailing Address
2570 N. First St. 234
San Jose, CA 95131
USA
San Jose, CA 95131
USA
Phone
Undisclosed
Website
Email Address
Overview
Point2 Technology has solved the fundamental problems of copper and optical interconnects that limit the performance and increase the total cost of ownership of high-speed networks.Point2's high-performance interconnect solutions provide a cost-effective alternative to expensive active optical cables (AOC) and performance-limited direct attach cables (DAC) to proliferate 400G disaggregated chassis configurations for hyperscale data centers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
HM Bae
Chief Executive Officer
Sean Park
Chief Financial Officer
Josh Hong
VP - Engineering
Jake Eu
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