Semiconductor Company Aquantia Raises $21 Million

Robin Wauters

Robin Wauters is the European Editor of tech blog The Next Web and lead editor of Virtualization.com. He was a senior staff writer at TechCrunch until his departure in February 2012. Aside from his professional blogging activities, he’s an entrepreneur, event organizer, occasional board adviser and angel investor but most importantly an all-round startup champion. Wauters lives and works in... → Learn More

Monday, June 6th, 2011

Aquantia, a developer of 10Gigabit Ethernet connectivity solutions for cloud computing and data center deployments, announced this morning that it has raised $21 million in Series E funding to meet demand for its 40nm 10GBASE-T PHY solution.

All existing investors participated in this round, including New Enterprise Associates, Lightspeed Venture Partners, Greylock Partners, Pinnacle Ventures and Venture Tech Alliance. LSI Corporation is a new backer.

Aquantia basically offers silicon solutions that enable storage and networking applications, based on 10GBASE-T technology. You can learn more about its products here.