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coverage spread: L78/C11/R11

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Etched raises $300M Series C at $10.3B valuation

Etched, a San Jose-based AI chip startup building GPU-free inference processors, raised $300 million in a Series C at a $10.3 billion post-money valuation led by Sequoia with participation from Andreessen Horowitz, SK Hynix, Jane Street, and Diffusion, doubling its previous valuation and signaling rapid scale. The company plans to expand production, deploy facilities near its headquarters, and commercialize its inference hardware to challenge Nvidia in transformer-based AI workloads, with over $1 billion in orders already booked.

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Glow raises $180M, valued at $1.2B

Glow, the Israeli-Isan AI-powered endpoint security startup, has raised a total of $180 million across seed, Series A, and Series B rounds, achieving unicorn status with a $1.2 billion valuation and plans to expand Go-To-Market efforts and its Glow Labs research arm. The funding underscores a surge in AI adoption on corporate devices and Glow’s strategy to proactively prevent attacks by using AI agents to enforce security policies on endpoints.

Sequoia

In the news

Etched raises $300M Series C at $10.3B valuation

Glow raises $180M, valued at $1.2B

Articleresearching the web…

Sequoia

Where does Sequoia rank?

In the news

Etched raises $300M Series C at $10.3B valuation

Glow raises $180M, valued at $1.2B

Articleresearching the web…

Where does Sequoia rank?