Quantenna Gains $12.7M

Sunnyvale-based Quantenna Communications announced today that it has raised over $12.7M in a Series B funding round. The round was led by Sigma Partners, and also included new investor Grazia Equity, and prior investors Sequoia Capital and Venrock Associates. The round brings the company's total raised to $25M. Fahri Diner of Sigma has joined the company's board as part of the funding. Quantenna is developing chipsets for the wireless industry. More information »