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
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
Phone
Undisclosed
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
Point2 Technology LinkedIn Company Profile
Social Media
Point2 Technology Company Twitter Account
Company News
Point2 Technology News
Facebook
Point2 Technology on Facebook
YouTube
Point2 Technology on YouTube

Management Team

Title
Name
Email & Social
Chairman
HM Bae
  HM Bae LinkedIn Profile  HM Bae Twitter Account  HM Bae News  HM Bae on Facebook
Chief Executive Officer
Sean Park
  Sean Park LinkedIn Profile  Sean Park Twitter Account  Sean Park News  Sean Park on Facebook
Chief Financial Officer
Josh Hong
  Josh Hong LinkedIn Profile  Josh Hong Twitter Account  Josh Hong News  Josh Hong on Facebook
VP - Engineering
Jake Eu
  Jake Eu LinkedIn Profile  Jake Eu Twitter Account  Jake Eu News  Jake Eu on Facebook


 

 

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Prev: 2/15/2024: Sage Geosystems venture capital transaction
Next: 2/15/2024: Duetti venture capital transaction

 

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About Our VC Transactions Data

We do our best to report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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