Innovium, Inc., a San Jose, CA-based provider of networking solutions for data centers, raised $77M in Series D funding.
The round, which brings total financing since inception to over $160M, included investment from venture capital firms Greylock Partners, Walden Everbright, Walden Riverwood Ventures, Paxion Capital, Capricorn Investment Group, Redline Capital, S-Cubed Capital and Qualcomm Ventures.
The company intends to use the funds to drive production and ramp of Innovium’s TERALYNX™ 12.8Tbps and 6.4Tbps data-center optimized switch family, along with market expansion and product roadmap innovation.
Led by Rajiv Khemani, CEO & Founder, Puneet Agarwal, CTO & Founder, and Mohammad Issa, CDO & Founder, Innovium is a provider of switching silicon solutions for data centers. Its TERALYNX family delivers software compatible products ranging from 3.2Tbps to 12.8Tbps featuring power efficiency, radix, programmability, buffers and low latency.
FinSMEs
25/04/2018