Celestial AI raises $100M

Santa Clara, Calif.-based Celestial AI – a company working on photonic fabric, an optical interconnect technology platform for compute and memory – has raised $100 million in a Series B funding round.

The investment in Celestial AI was led by IAG Capital Partners, Koch Disruptive Technologies (KDT) and Temasek’s Xora Innovation fund. Other investors in the round include Samsung Catalyst, Smart Global Holdings (SGH), Porsche, The Engine Fund, imec.xpand, M Ventures and Tyche Partners.

Just in

Cisco to acquire Splunk for $28B

Cisco and Splunk have announced an agreement where Cisco will acquire Splunk for $157 per share in cash, summing up to approximately $28 billion in equity value.

DynamoFL raises $15.1M

San Francisco, CA-based DynamoFL, has raised $15.1 million in a Series A funding round.

Adobe co-founder John Warnock passes away

Adobe has announced the passing of Dr. John Warnock, the co-founder of the company, who died at the age of 82. Dr. Warnock, along with Dr. Charles Geschke, co-founded Adobe in 1982.

SpyCloud raises $110M

Austin, TX-based cybercrime analytics and security provider SpyCloud has closed a $110 million growth funding.