Tech Company Financing Transactions
EdgeQ Funding Round
5G Ventures, ClearSky Security Fund and Edbi participated in a $75 million Series B funding round for EdgeQ. The funding round was announced on 4/20/2023.
Transaction Overview
Company Name
Announced On
4/20/2023
Transaction Type
Venture Equity
Amount
$75,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to ramp production of its 5G + AI "Base Station-on-a-Chip" to meet customer demand and to develop its chip.
Company Information
Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
5201 Great America Pkwy. 320
Santa Clara, CA 95054
USA
Santa Clara, CA 95054
USA
Phone
Undisclosed
Website
Email Address
Overview
EdgeQ is a leading innovator in 5G systems-on-a-chip. The company is headquartered in Santa Clara, CA, with offices in San Diego, CA and Bangalore, India. Led by executives from Qualcomm, Intel, and Broadcom, EdgeQ is pioneering a converged connectivity and AI that is fully software-customizable and programmable.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Vinay Ravuri
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We report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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