Quantenna raises astounding $79M round so you can have wire-like wireless networks

Based on conventional wisdom, Quantenna shouldn’t exist as a startup maker of Wi-fi chips. It has huge competitors among chipmakers Broadcom, Marvell, and Qualcomm-Atheros. But Quantenna is announcing a gargantuan $79 million funding round today because it has figured out how to do Wi-Fi chips that are faster and have greater range than its rivals.