Tech Company Financing Transactions
Chelsio Communications Funding Round
LSI participated in a $12 million Series D capital raise for Chelsio Communications. The financing closed on 6/19/2006.
Transaction Overview
Company Name
Announced On
6/19/2006
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series D
Investors
Proceeds Purpose
This funding provides Chelsio with sufficient capital to reach profitability and will be used to grow the business and ramp production of Chelsio's next generation product line that addresses the growing demand for 10GbE protocol offload.
Company Information
Company Status
Private & Independent
Industry
Communications
Mailing Address
209 North Fair Oaks Ave.
Sunnyvale, CA 94085
USA
Sunnyvale, CA 94085
USA
Phone
Website
Email Address
Overview
Chelsio is a leading technology company focused on solving high performance networking and storage challenges for virtualized enterprise data centers, cloud service installations, and cluster computing environments.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Kianoosh Naghshineh
Chief Financial Officer
William Delaney
VP - Operations
Kun Yim
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