Ayar Labs’ Raises $500M in Funding Round, Charting Path to IPO
Ayar Labs has raised $500 million in a series E round, the company announced Tuesday. It plans to use the funds to scale high-volume production and test capacity to accelerate deployment of its co-packaged optics (CPO) solution. The latest round brings the company’s total funding to $870 million and raises the company’s valuation to $3.75 billion.
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