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Innovium Announces $77 Million in Series D Funding

Innovium Announces $77 Million in Series D Funding
Credit: innovium.com

Innovium, Inc. a provider of networking solutions for data centers, closed $77 million in Series D funding, including investments from venture capital firms Greylock Partners, Walden Everbright, Walden Riverwood Ventures, Paxion Capital, Capricorn Investment Group, Redline Capital, S-Cubed Capital, and Qualcomm Ventures.

Innovium says its switching silicon solutions for data centers, called TERALYNX, delivers software compatible products ranging from 3.2Tbps to 12.8Tbps with unmatched power efficiency, radix, programmability, buffers and low latency.

The company plans to use the funding to drive production of Innovium’s TERALYNX™ 12.8Tbps and 6.4Tbps data center optimized switch family, along with market expansion and product roadmap innovation.