What happened?

Point2 Technology, which develops RF-based (radio frequency-based) data center interconnect technology, announced it has raised $136 million in a Series B funding round. The round included investors such as LB Investment, Arm, and Maverick Silicon. The news was reported on August 15, 2026 by Giacomo Lee at SDxCentral and spread widely via Techmeme.

Why does it matter?

Growing AI workloads in data centers are turning data transfer speeds and connectivity efficiency between servers into a critical performance bottleneck. Point2 Technology's RF-based interconnect approach is being offered as an alternative to traditional copper or optical connection methods. The participation of a semiconductor giant like Arm and chip-focused investors like Maverick Silicon in this round signals strong interest in the technology within the hardware ecosystem.

What we know

  • Point2 Technology is working on RF-based data center interconnect solutions.
  • The Series B round raised $136 million.
  • Investors include LB Investment, Arm, and Maverick Silicon.
  • The source of the news is Giacomo Lee's report at SDxCentral.

What's next?

The source does not provide details on how Point2 Technology plans to use the new funding or its product roadmap. The company's future steps and how widely the technology will be adopted in commercial data centers remain unclear.

The figure, corrected: not a new round but the round's total

The company's own announcement corrects the story on one point: $136 million is not a new round raised in one go but the total the Series B reached after an extension. LB Investment led the extension, Arm joined as a new strategic investor, and Maverick Silicon continued its existing support. The company's backer list also includes NVIDIA, UMC Capital, Molex and Bosch Ventures — investment from the chip design, foundry and connector sides of the industry alike.

What the technology does

The San Jose company's product family is called e-Tube. The approach carries radio-frequency signalling over plastic waveguides, proposing a third path between copper cable and optical links: copper runs out of reach over distance, while optics adds the latency and power cost of converting the signal into light and back. An RF waveguide, the company argues, reaches further than copper and adds less latency than optics.

There are three products in the portfolio: the cable-shaped Active RF Cable (ARC), the near-packaged e-Tube (NPE) that sits close to the chip package, and the co-packaged e-Tube (CPE) built together with the package itself. The company says it will use the new funding to grow its engineering, systems, operations and commercial teams and accelerate rack-scale commercialisation of all three.

There is still no independent measurement, though. The figures on reach, latency and power draw come from the company's own statements; no third-party verified comparison and no named data centre customer has been published.