Credo Closes $100M in Series D Financing
Summary
Funds and accounts managed by BlackRock led the round. The company will use the funding to accelerate commercialization of its 400Gbps and 800Gbps connectivity solutions for the Hyperscale Datacenter and 5G Carrier markets. Led by Bill Brennan, CEO, Credo provides high-performance serial connectivity solutions for the hyperscale datacenter, 5G carrier, enterprise networking, artificial intelligence and high-performance computing markets. Its solutions deliver the bandwidth, scalability, and end-to-end signal integrity for next generation platforms requiring 25G, 50G, and 100G signal lane-rate connectivity for 100G, 200G, 400G, and 800G port enabled networks.
Funding
Amount
$100.0M
Total raised
Date
June 16, 2020
Announcement date
Investors
BlackRock
Lead investors
Company
https://www.credosemi.com
Funded company
Classifications
industries
HealthTech
applications
AI & Machine learning
AskAI Classifications
Labels
SaaS
Developer Tools
Network Monitoring Software
Linked Companies
Credo, Inc.
$50M to $100M