Friday, September 30, 2016

Quantenna Files For IPO

Fremont-based wireless video semiconductor developer Quantenna filed for an IPO on Thursday, saying that it is looking to raised up to $100M in its public offering. The company has not yet selected an exchange, but says it has applied to list as QTNA. The company's IPO is being underwritten by Morgan Stanley, Barclays, Deutsche Bank Securities, Needham & Company, William Blair, and Roth Capital Partners. The company is venture backed by Sequoia Capital, RUSNANO, Venrock Associations, Sigma Partners, Southern Cross Venture Partners, DAG Ventures, and others. Quantenna's Chairman and CEO is Sam Heidari.