- Lightmatter, a Boston, MA-based photonic computing company, raised $80m in Series B funding, bringing total investment raised so far to $113m
- The company intends to use the funds to accelerate production and go-to-market of its first generation roadmap products, and build out its sales and operations teams
- Lightmatter committed to developing AI compute technologies that accelerate AI growth while minimizing its environmental impact on the planet
- The company provides Mars, a photonic computer, Passage, a new wafer-scale solution to enable computer chips to communicate at speeds, and Envise, a general-purpose photonic AI accelerator
- Lightmatter also announced today that Olivia Nottebohm, former chief operating officer of Dropbox, will be joining the Board of Directors
- In her role at Dropbox, Nottebohm led sales, business development, partnerships marketing, customer success, support, people and communications