Aquantia Connects With $16M For Gigabit Ethernet Chips
Milpitas-based Aquantia, which develops physical layer ICs used for high speed Ethernet networks, said today that it has raised $16M in a Series G financing round. The round was led by FPGA maker Xilinx, and also included existing investors. Aquantia's chipsets are being used for 10Gigabit Ethernet, particularly with 10GE over Copper (10GBASE-T). Aquantia develops low-power, 28nm Ethernet ICs for the 10Gigabit Ethernet market. The company's prior backers include Greylock Partners, Lightspeed Ventures, LSI, New Enterprise Associates, Pinnacle Ventures, RUSNANO, and VentureTech Alliance.
posted on Tuesday, March 18, 2014 (Link to more information)
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