Aquantia Raises $37 Million in Oversubscribed Series H


What does Aquantia do?

Aquantia, is a semiconductor company which is developing Ethernet connectivity solutions for cloud computing and the next generation enterprise networks. It is the leading developer and worldwide supplier of high speed connectivity solutions for data centres, Wlan and enterprise applications. All these 3 elements are present in abundance at Aquantia. The company has team members with an in depth diverse tech development expertise, adherence to lean and agile management practices and signal processing innovation.

How much Aquantia was funded?

Aquantia raised $37 M in Series H round of growth capital from the investors Cisco Investments, GLOBAL FOUNDRIES,Credit Suisse’s Direct Equity Partners and Walden Riverwood.

Previous funding

  • $12M in Series A on September 27th, 2005 Greylock Partners, Amidzad Partners and Lightspeed Venture Partners
  • $26 M in Series B on February 15, 2008 from Lightspeed Venture Partners, VentureTech Alliance, Pinnacle Ventures, Amidzad Partners and Greylock Partners.
  • $35.4 M in Series C on January 30, 2009
  • $35M in Series D on December 1, 2009 from Pinnacle Ventures, Lightspeed Venture Partners, VentureTech Alliance,  New Enterprise Associates and Greylock Partners.
  • $21 M in Series E on June 6, 2011 from Pinnacle Ventures, LSI, Greylock Partners, New Enterprise Associates, VentureTech Alliance and Lightspeed Venture Partners
  • $40 M in Series F on May 14th 2012 from Pinnacle Ventures, VentureTech Alliance, RUSNANO Capital, New Enterprise Associates, Greylock Partners and Lightspeed Venture Partners.
  • $16.8 M in Series G on March 17, 2014 from Xilinx
  • $37 M in Series H on April 10th, 2015 from Direct Equity Partners, Walden Riverwood Ventures, Cisco Investments and GlobalFoundries

 

What is next for Aquantia?

The company is looking forward to help improve its worldwide growth strategy.

More about Aquantia

Aquantia was founded in 2004 by Ramin Farjadrad. It has its headquarters in Milpitas, CA. The company’s 10GBASE-T and Aqrate PHY product lines lead the market with high performance, low power and high density silicon solutions. It is positioned strategically to lead the long upgrade cycles in Enterprise infrastructure and Data Centre which is an opportunity of multibillion dollar market for the company.