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Xsight Labs: Closes Series D Funding

March 6, 2021

Xsight Labs, a Kiryat Gat, Israel-based fabless semiconductor startup company, closed its Series D funding
The round – of undisclosed amount – was led by Valor Equity Partners and Atreides Management and joined by new investor Fidelity Management & Research Company
Existing investors Battery Ventures, Intel Capital, M12 Microsoft’s Venture Fund and Xilinx, increased their investments
The company intends to use the funds to scale its R&D, operations, and commercial teams, in order to accelerate the development of its multi-product roadmap while engaging customers globally
Xsight Labs is a fabless semiconductor company that also enables end-to-end connectivity for the next generation of cloud service providers and hyperscale data center networks
The company, which emerged from stealth in December 2020 and announced the sampling availability of X1, a 25.6T data center switch with 100G PAM4 SerDes