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Innovium Raises $38.3M in Oversubscribed Series C Funding and Announces Advisory Board

Mar 14, 2017 - Business Wire

Innovium, Inc. a provider of networking silicon solutions for data centers, announced today that it has raised $38.3 million in Series C funding from new lead investor, Redline Capital, new strategic investors and existing investors Greylock Partners, Walden Riverwood Ventures, Capricorn Investment Group, Qualcomm Ventures and S-Cubed Capital. As part of Series C funding, Tatiana Evtushenkova, CEO/Managing Director of Redline Capital, joined Innovium's board of directors. The new funding round b...