Israel-based Xsight, which makes server networking and storage chips, raised $300M led by Fidelity Investments at a $2.8B post-money valuation (Phoebe Liu/The Information)

<a href="https://www.theinformation.com/articles/server-networking-boom-drives-300-million-funding-xsight"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260730/i32.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260730/p32#a260730p32" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Phoebe Liu / <a href="https://www.theinformation.com/">The Information</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.theinformation.com/articles/server-networking-boom-drives-300-million-funding-xsight">Israel-based Xsight, which makes server networking and storage chips, raised $300M led by Fidelity Investments at a $2.8B post-money valuation</a></b></span>&nbsp; &mdash;&nbsp; Graphics processing units are all the rage, but startups developing the networking equipment that connects GPUs to one other are getting some love from investors, too.</p>