Sunnyvale-based Chelsio Communications secured $9.3M

According to a SEC filing, Sunnyvale, Ca.-based Chelsio Communications Inc. secured approximately $9.3m in venture capital funding (out of the total of $16m the company is planning to raise).
Chelsio Communications, which is a provider of 10-gigabit Ethernet unified wire solutions, had already closed a $25m Series E financing in 2008.
Among its primary investors, Chelsio Communications can count on firms such as New Enterprise Associates (NEA), LSI Logic, Investor Growth Capital, Invesco Private Capital, Hotung Capital Management, Vedanta Capital, Pacesetter Capital Group, Horizon Ventures and Abacus Capital.

FinSMEs
23/09/2009

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