The data centre technology provider boosted its overall funding to approximately $335m with a round that included long-term investor Qualcomm Ventures.
Innovium, a US-based developer of data centre network infrastructure technology, raised $170m yesterday from investors including Qualcomm Ventures, the corporate venturing subsidiary of mobile chipmaker Qualcomm.
Premji Invest, DFJ Growth, Greylock Partners, Capricorn Investment Group, WRVI Capital, Redline Capital, S-Cubed Capital and DAG Ventures also contributed to the round together with funds and accounts managed by BlackRock, and undisclosed additional investors.
Innovium has developed networking technology for data centres that are powering cloud and edge applications. Its Teralynx software and…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
