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Aquantia Closes $35 Million Venture Capital Funding

Thursday, December 03, 2009 5:42:00 AM PDT | VentureDeal Staff

Milpitas, California  --  Semiconductor technology company Aquantia Corp. has raised $35 million in its fourth round of institutional venture capital investment.

Aquantia is developing semiconductor technologies to drive the expansion of 10 Gb per second networking technology in the data center.

New Enterprise Associates led the round, which also included Lightspeed Venture Partners, Greylock Partners, Pinnacle Ventures and VentureTech Alliance.  The company did not disclose how the funding proceeds would be used.

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