Liberty Global venture and fast-growing start-up, Enfabrica, has announced the successful closure of a $125 million Series B financing round.
Enfabrica Corporation is building converged networking and memory fabric silicon and software tailored to the performance and scalability demands of artificial intelligence (AI) and accelerated computing workloads.
The oversubscribed round, which increases Enfabrica’s valuation more than 5X, was led by Atreides Management, with support from existing investor Sutter Hill Ventures, and includes new investors NVIDIA, IAG Capital Partners, Liberty Global Ventures, Valor Equity Partners, Infinitum Partners and Alumni Ventures.
The new capital will be deployed to advance the production of Enfabrica’s groundbreaking Accelerated Compute Fabric Switch (ACF-S) devices and solutions, which complement GPUs, CPUs and accelerators to solve critical networking, I/O and memory scaling problems in data center AI and high-performance computing clusters.
The funding will be used toward the production of their groundbreaking Accelerated Compute Fabric Switch (ACF-S) devices and solutions.