News Summary

• Lumilens, a provider of optical networking chips for artificial intelligence clusters, launched today with $900 million in funding.
• The company raised the bulk of the capital, $700 million, through a Series C round that valued it at $5.51 billion.
• Lumilens is led by co-founder and Chief Executive Officer Ankur Singla.
• His previous two networking startups, Contrail Systems Inc.
• and Volterra Inc., were sold for a combined $676 million in 2012.