Innovium develops the TERALYNX family of programmable switch silicon delivering 1Tbps to 25.6Tbps throughput with telemetry, low latency, programmability and large buffers, and a roadmap that scales to 51.2Tbps+. The company reports TERALYNX 7 in continued volume production, TERALYNX 5 ramping shipments for ToR, Edge and 5G designs, and the introduction of TERALYNX 8. Innovium says its products have been adopted and validated by market-leading OEM, cloud and ODM customers, including wins, deployments and trials at a majority of the top 25 cloud customers. Financially, Innovium reported revenue growth of over 5x in 1H 2020 versus 1H 2019 and achieved over 20% market share in 50G SerDes shipments. The business is headquartered in Silicon Valley, California. The company plans to use new capital to accelerate R&D innovation and expand customer engagements worldwide. Innovium develops the TERALYNX family of data-center optimized switching silicon, delivering products ranging from 3.2Tbps to 12.8Tbps with a focus on power efficiency, programmability, radix, buffers, and low latency. The company emphasizes a grounds-up platform designed to meet rising data-center demands from public and hybrid cloud, machine learning, analytics, storage, and video. Innovium plans to use new funding to drive production and volume ramps of its TERALYNX 12.8Tbps and 6.4Tbps switch family and to continue product roadmap innovation and market expansion. The article notes the TERALYNX silicon is seeing market traction and volume deployment at several industry-leading customers. Innovium is headquartered in Silicon Valley, California and highlights a team with experience delivering multiple generations of widely deployed data-center products. The company states its products are software-compatible across the TERALYNX family. Innovium develops high-performance TERALYNX switching silicon targeted at data center networks. Its TERALYNX family delivers software-compatible products ranging from 3.2Tbps to 12.8Tbps with claims of unmatched power efficiency, radix, programmability, buffers and low latency. The company says its data center–focused design and patented innovations enable it to leapfrog competing products and position it as a leader in programmable large-scale data center networks. Innovium plans to use the new funding to accelerate commercialization of the TERALYNX 12.8Tbps switch silicon family and to execute on its roadmap. The company is headquartered in Silicon Valley, California. As of this round Innovium has raised a total of $90 million in financing. Innovium develops networking infrastructure products aimed at next‑generation data centers and is based in San Jose, California. The company focuses on building hardware and software solutions for data center networking (as described in the article). In 2015 it completed two oversubscribed financing rounds that together raised over $50 million. The financings drew participation from strategic and financial investors, and led to multiple additions to Innovium’s board. Rajiv Khemani is the company’s CEO and founder. The article does not disclose operating metrics such as revenue or users.

Total raised

$285M

Funding rounds

5

Latest round

Equity

Latest activity

Jul 2020