Aquantia Completes $21M Series E Funding

Aquantia, a Milipitas, Calif.-based developer of 10Gigabit Ethernet connectivity solutions for cloud computing and large scale data center deployments, has completed a $21m Series E funding.

Existing investors including New Enterprise Associates, Lightspeed Venture Partners, Greylock Partners, Pinnacle Ventures and Venture Tech Alliance as well as new strategic backer LSI Corporation, participated in the round.

The company intends to use the funds to scale its operation.

Led by CEO and president Faraj Aalaei, Aquantia provides OEM customers with 10GBASE-T silicon products that are designed to enable storage and networking applications and reduce costs.



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