CoinScoopAI Chip Startup Celero Raises $275 Million Led by CapitalG
Network chip manufacturer Celero Communications (Celero) has secured $275 million in funding, reaching a valuation of over $3 billion. The round was co-led by Atreides Management, Valor Equity Partners, and Alphabet's venture capital arm, CapitalG. Celero specializes in coherent digital signal processors for AI data centers to enhance data transmission efficiency in fiber networks. Gavin Baker of Atreides Management will join the company's board.
Summaries are written by AI from the original article. Not investment advice.