Press Release
Press Release
Press Contacts: Erik Cummins, Matt Hyams, Taina Rosa, Olivia Thomas
12.02.24
Pillsbury advised Enfabrica Corporation, an industry leader in high-performance networking silicon for artificial intelligence (AI) and accelerated computing, in raising $115 million as part of a Series C equity funding round.
Spark Capital led the oversubscribed financing round with additional participation from new investors Arm, Cisco Investments, Maverick Silicon, Samsung Catalyst Fund and VentureTech Alliance and existing investors Atreides Management, Alumni Ventures, IAG Capital, Liberty Global Ventures, Sutter Hill Ventures, and Valor Equity Partners.
Concurrently, Enfabrica also announced the launch of its groundbreaking 3.2 terabit per second Accelerated Compute Fabric SuperNIC chip and pilot systems, which was announced to become available in Q1 2025.
To learn more, click here.
The Pillsbury deal team was led by Corporate partner Jim Masetti and included International Trade partner Matthew Rabinowitz and Corporate counsel Mediha Ali and senior legal analyst Seetha Balasubramanian.