Cisco Subnet An independent Cisco community View more

Cisco ups investment in PHY supplier

Company participates in Aquantia's 8th funding round

Cisco Systems has made another investment in a chip supplier it’s been funding since 2005.

Cisco Investments contributed to Aquantia’s $37 million Series H funding, joining new investors Credit Suisse’s Direct Equity Partners, Global Foundries, and Walden Riverwood. Aquantia, which employs 160 people, has raised a total of $199 million since its first round of funding in 2005.

Cisco has participated in each round, Aquantia says.

Aquantia make PHY chips for copper-based 10GBASE-T and multigigabit 2.5G/5G Ethernet networks for enterprise, data center and mobile applications. Cisco is the leading vendor in these markets, and in Ethernet networking overall.

PHY chips are the physical layer circuitry in networking equipment. It connects the Ethernet device to a physical medium like a copper cable or fiber optics.

Intel has also been a strategic investor in Aquantia.

More from Cisco Subnet:

Who's Really in Charge at Cisco?

Cisco sues HP over VoIP contract

Ethernet switching in high gear in Q2

HP serves up its open switches

Carriers all in on SDN... Almost

Cisco pal SimpliVity accelerating IPO?

Cisco SDN controller has a security hole

Data center drives Ethernet market

Jane Austen lets the boogie man in: Cisco report

NFV a hit for OpenDaylight

Follow Jim Duffy on Twitter

To comment on this article and other Network World content, visit our Facebook page or our Twitter stream.
Must read: Hidden Cause of Slow Internet and how to fix it
Notice to our Readers
We're now using social media to take your comments and feedback. Learn more about this here.