Tech Company Financing Transactions
Innovium Funding Round
Innovium, based in San Jose, raised $77 million from Capricorn Investment Group, Greylock Partners and Paxion Capital Partners.
Transaction Overview
Company Name
Announced On
4/26/2018
Transaction Type
Venture Equity
Amount
$77,000,000
Round
Series D
Investors
Proceeds Purpose
The new funding will be used to drive production and ramp of Innovium's TERALYNX 12.8Tbps and 6.4Tbps data-center optimized switch family, along with market expansion and product roadmap innovation.
Company Information
Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
6001 America Center Dr.
San Jose, CA 95002
USA
San Jose, CA 95002
USA
Phone
Undisclosed
Website
Email Address
Overview
Innovium was founded with a focus on developing and deploying advanced technology that successfully addresses the most challenging issues facing data centers.
Management Team
Title
Name
Email & Social
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