Tuesday, March 14, 2017

Innovium Connects With $38.3M

San Jose-based data switch semiconductor developer Innovium announced this morning that it has raised $38.3M in a Series C funding round. The funding was led by Redline Capital, and also included Greylock Partners, Walden Riverwood Ventures, Capricorn Investment Group, Qualcomm Ventures and S-Cubed Capital. Innovium develops 12.8Tbps networking switch silicon, aimed at the data center network market. The company has now raised $90M. Rajiv Khemani is CEO and Co-founder of Innovium.