Quantenna Raises $15M in Series D Financing Round

Quantenna Communications, Inc., a Fremont, CA-based fabless semiconductor company developing chipsets for wireless networks and devices, has raised $15m Series D round of financing.
Participants in the round include existing investors Grazia Equity, Sequoia Capital, Sigma Partners, Southern Cross, Swisscom, and Venrock Associates.
The cash infusion will enable the company to accelerate production so it can meet rapidly growing customer demand for its Full-11n 4×4 Multiple Input Multiple Output (MIMO) Wi-Fi chipsets.
Quantenna is working with some leading consumer electronics manufacturers to deploy a new generation of ultra-high-reliability Wi-Fi home-networking products that can distribute multiple video streams throughout the home.

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