Thursday, April 28, 2016

Innovium Raises $15M, Settles Broadcom Litigation

Innovium, a pre-launch start-up targeting infrastructure solutions, announced the settlement of all litigation with Broadcom.  Financial terms were not disclosed.


Innovium also announced $15 million in Series A funding from Capricorn, Walden Riverwood and other venture capital investors.

The company, which is based in San Jose, California, was founded by Rajiv Khemani (previously Cavium), Puneet Agarwal (previously Broadcom), and Mohammad Issa (previously Broadcom).

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