Semiconductor Company Aquantia Raises $21 Million

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.