Chelsio bags $9.3M for Ethenet unified wire offerings

Chelsio Communications, a company that provides 10-gigabite Ethernet unified wires, has brought in $9.3 million of a targeted $16 million round of venture funding, according to a filing with the SEC. The Sunnyvale, Calif. company did not list its most recent investors, but in the past it’s been backed by Investor Growth Capital, New Enterprise Associates, INVESCO Private Capital, LSI Logic Corporation, Hotung Capital Management, Abacus Capital Group, Pacesetter Capital Group and Horizon Ventures. It has raised more than $93 million to date.

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About the Author, Camille Ricketts

Camille is the lead writer for GreenBeat. She came to VentureBeat from Google where she worked on its traditional platforms team, particularly in TV. Before that, she was a reporter for the Wall Street Journal in New York and London. Follow her on Twitter at @camillericketts, and follow VentureBeat on Twitter at @venturebeat.

With GreenBeat 2009, VentureBeat's all-star conference on all things Smart Grid, coming up in November, Camille will be expanding coverage of this exciting space. Stay up to date by following @greenbeat2009 on Twitter or by becoming a fan of the event on Facebook here.

  • That's a huge amount of money. What they gonna do?