http://venturebeat.com/2008/06/17/solarflare-raises-26-million-for-networking-chips/ News About Tech, Money and Innovation Wed, 25 Nov 2009 20:47:38 +0000 http://wordpress.org/?v=2.8.5 hourly 1 http://venturebeat.com/2008/06/17/solarflare-raises-26-million-for-networking-chips/comment-page-1/#comment-817179 June 17, 2008 | next media update Tue, 17 Jun 2008 19:22:30 +0000 http://venturebeat.com/?p=93785#comment-817179 [...] Solarflare Raises $26 Million for Networking Chips VENTUREBEAT Solarflare Communications has raised $26 million in venture capital for its high-speed networking chip business as part of an effort to create more energy-efficient data centers. The Irvine, Calif.-based company is creating 10GBASE-T chips, which can transfer data at 10 gigabits a second over the Ethernet protocol. Such chips are used in servers and switches inside data centers to boost the transfer of data from one piece of hardware to another with the lowest power consumption. The company is in a good spot because it is the first to capitalize on a generational shift in networking, as network speeds move from 1-gigabit-per-second to 10-gigabits, said Russell Stern, chief executive of Solarflare. The round includes previous investors such as Oak Investment Partners, Foundation Capital, Accel Partners and Amadeus Capital Partners. The round slightly exceeds the amount raised by rival chip company Aquantia, which raised $25 million in March. Source> [...] [...] Solarflare Raises $26 Million for Networking Chips VENTUREBEAT Solarflare Communications has raised $26 million in venture capital for its high-speed networking chip business as part of an effort to create more energy-efficient data centers. The Irvine, Calif.-based company is creating 10GBASE-T chips, which can transfer data at 10 gigabits a second over the Ethernet protocol. Such chips are used in servers and switches inside data centers to boost the transfer of data from one piece of hardware to another with the lowest power consumption. The company is in a good spot because it is the first to capitalize on a generational shift in networking, as network speeds move from 1-gigabit-per-second to 10-gigabits, said Russell Stern, chief executive of Solarflare. The round includes previous investors such as Oak Investment Partners, Foundation Capital, Accel Partners and Amadeus Capital Partners. The round slightly exceeds the amount raised by rival chip company Aquantia, which raised $25 million in March. Source> [...]

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