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Manufacturer for connectivity solutions in data centre and enterprise, Aquantia gets $37 million growth capital from investors like Direct Equity Partners, GlobalFoundries and Walden Riverwood

Manufacturer of high-speed transceivers Aquantia has bagged $37 million in an oversubscribed Series H round of growth capital. New investors who took part in the round included Credit Suisse’s Direct Equity Partners, GlobalFoundries and Walden Riverwood along with existing investor Cisco Investments. Till now, Aquantia has raised a total of $199 million and currently employs over 160 people. Since its first round of funding in 2005, Aquantia has become a market leader in high-speed Ethernet copper connectivity solutions in data centre and enterprise. This funding marks a new beginning in the company’s history, which so far attracted strategic investment over the years from leading semiconductor and networking companies.

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VC Deals,Aquantia,Direct Equity Partners,Globalfoundries