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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)

Techmeme ·
Fidelity is putting new money behind Xsight at a $2.8 billion valuation.

Techmeme’s note says the Israel-based chipmaker raised $300 million in a round led by Fidelity Investments. Xsight makes chips for server networking and storage. The reported valuation is post-money. Source: Techmeme's note

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Categories: Money & Moves