Credo, a San Jose, Calif.-based global innovation leader in high performance, low power serial connectivity solutions, closed a Series D Preferred financing round of $100M.
Funds and accounts managed by BlackRock led the round.
The company will use the funding to accelerate commercialization of its 400Gbps and 800Gbps connectivity solutions for the Hyperscale Datacenter and 5G Carrier markets.
Led by Bill Brennan, CEO, Credo provides high-performance serial connectivity solutions for the hyperscale datacenter, 5G carrier, enterprise networking, artificial intelligence and high-performance computing markets. Its solutions deliver the bandwidth, scalability, and end-to-end signal integrity for next generation platforms requiring 25G, 50G, and 100G signal lane-rate connectivity for 100G, 200G, 400G, and 800G port enabled networks.