Innovium Gets $50M For Data Center Networking Chips
San Jose-based Innovium, a developer of semiconductors aimed at use in enterprise, networking infrastructure for the next generation, data center market, has raised $50M in a funding round, the company said today. The funding included a Series A in the first quarter of 2015, and a Series B which occurred late last year. The Series A came from Walden Riverwood Ventures and Capricorn Investment Group, with participation from S-Cubed Capital and Qualcomm Incorporated, and the Series B was led by Greylock, with the others also participating. Innovium is led by Rajiv Khemani, and says its founders have experience from Broadcom, Cavium, Cisco, Dell, Ericsson, Intel and Juniper.
posted on Tuesday, May 31, 2016 (Link to more information)
Related companies:
Innovium
Related stories:
> Innovium Connects With $38.3M
> Equinix Opens New Data Center
> Equinix To Invest $76M To Build Data Center In Brazil
> Salesforce.com Opens Data Center In Singapore
> Clickability Expands, Adds Data Center
silicontap.com Home