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Stockreport

Enfabrica Raises $115M in New Funding to Advance its Leadership in AI Networking Solutions [Yahoo! Finance]

Cisco Systems, Inc. (CSCO)  More Company Research Source: Yahoo! Finance
Last cisco systems, inc. earnings: 2/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.cisco.com/investor-relations/overview/default.aspx
MOUNTAIN VIEW, Calif. & ATLANTA, November 19, 2024 BUSINESS WIRE )--Today at Supercomputing 2024 (SC24), Enfabrica Corporation , an industry leader in high-performance networking silicon for artificial intelligence (AI) and accelerated computing, announced that it successfully raised $115 million in new funding as part of an oversubscribed Series C equity financing round led by Spark Capital. New investors joining the round include Arm, Cisco Investments, Maverick Silicon, Samsung Catalyst Fund, and VentureTech Alliance, with support from existing investors. Concurrently, Enfabrica also announced availability in Q1 2025 of its groundbreaking 3.2 Terabit/sec (Tbps) Accelerated Compute Fabric (ACF) SuperNIC chip and pilot systems. Together, Enfabrica's funding and product news solidify its position in the high-growth AI infrastructure industry and highlight its leadership role in the future of GPU compute networks. "This Series C fundraise fuels the next stage of growth for Enfabrica [Read more]
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Stockreport

Enfabrica Raises $115M in New Funding to Advance its Leadership in AI Networking Solutions [Yahoo! Finance]

Cisco Systems, Inc.  (CSCO) 
More Company Research Source: Yahoo! Finance
Last cisco systems, inc. earnings: 2/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.cisco.com/investor-relations/overview/default.aspx
MOUNTAIN VIEW, Calif. & ATLANTA, November 19, 2024 BUSINESS WIRE )--Today at Supercomputing 2024 (SC24), Enfabrica Corporation , an industry leader in high-performance networking silicon for artificial intelligence (AI) and accelerated computing, announced that it successfully raised $115 million in new funding as part of an oversubscribed Series C equity financing round led by Spark Capital. New investors joining the round include Arm, Cisco Investments, Maverick Silicon, Samsung Catalyst Fund, and VentureTech Alliance, with support from existing investors. Concurrently, Enfabrica also announced availability in Q1 2025 of its groundbreaking 3.2 Terabit/sec (Tbps) Accelerated Compute Fabric (ACF) SuperNIC chip and pilot systems. Together, Enfabrica's funding and product news solidify its position in the high-growth AI infrastructure industry and highlight its leadership role in the future of GPU compute networks. "This Series C fundraise fuels the next stage of growth for Enfabrica [Read more]
IMPACT SNAPSHOT
EVENT TIME:
CSCO
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS