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Astera Labs Poised for Rapid Growth with Series B Funding and Manufacturing Partnerships in Place

Apr 22, 2020•about 5 years ago

Round Type

series b

Santa Clara

Description

Astera Labs, a pioneer in connectivity solutions for intelligent systems, today announced that it has closed its Series B funding with renowned technology investors including Sutter Hill Ventures, Intel Capital, Avigdor Willenz, and Ron Jankov. This investment round, along with a strategic collaboration with TSMC for manufacturing, positions Astera Labs to rapidly scale production of its Aries Smart Retimer, the world’s first Smart Retimer Portfolio for PCI Express® (PCIe®) 4.0 and 5.0 solutions, and to accelerate development of additional product lines for Compute Express Link™ (CXL) solutions.

Company Information

Company

Astera Labs

Location

Santa Clara, California, United States

About

Astera Labs Inc., a fabless semiconductor company headquartered in the heart of California’s Silicon Valley, is a leader in purpose-built connectivity solutions for data-centric systems throughout the data center. The company’s product portfolio includes system-aware semiconductor integrated circuits, boards, and services to enable robust CXL/PCIe connectivity. For more information about Astera Labs including open positions visit www.AsteraLabs.com. Compute Express Link™ and CXL™ are trademarks of the CXL™ Consortium. PCI Express® and PCIe® are trademarks or registered trademarks of PCI-SIG.