Lightmatter Accelerates Growth and Expands Photonic Chip Deployments With $155M in New Funding; Now Valued at $1.2B

BOSTON--(BUSINESS WIRE)--Lightmatter, the leader in photonics, announced today it has raised a $155M Series C-2 led by GV (Google Ventures) and Viking Global Investors, with participation from others. With this round, Lightmatter has raised over $420 million to date and is now valued at over $1.2B. This new financing allows the company to expedite growth to meet the increasing demand for high-performance computing (HPC) from AI innovators. Lightmatter plans to expand its world-class team and of