SAN JOSE, CA, Ethernovia announced the close of a Series B funding round over $90 million.
Ethernovia, a semiconductor start-up building Ethernet-based, packet processor-centric networking solutions to support the real-time sensor, AI and control data demands of software-defined autonomy across vehicles, robots and intelligent machines, announced the close of a Series B funding round over $90 million led by Maverick Silicon with participation from Socratic Partners, Conduit Capital and CDIB-TEN Capital. The round also included additional funding from Ethernovia's existing investors including Porsche SE, Qualcomm Ventures and Fall Line Capital.
Ethernovia is developing the future of Ethernet-based networks to realize the full potential of software-defined and autonomous vehicles, robotics and other intelligent machines. The company's breakthrough data transport and acceleration technology is ushering in a new era of connectivity and capabilities in the vehicle and at the edge, including highly reliable autonomy, over-the-air servicing and AI-backed applications.
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