Tuesday, April 28, 2009

Quantenna Raises $14 Million for its 4X4 MIMO 802.11n Chipsets

Quantenna Communications, a start-up based in Fremont, California, raised $13.85 million in Series C funding for its 4X4 MIMO 802.11n chipsets designed for next gen home networking applications.

Quantenna leverages dynamic digital beamforming to deliver very high-speed wireless coverage throughout the whole home for sharing high definition (HD) video and multimedia content between home gateways and TVs. Quantenna's silicon is targeted at devices such as home residential gateways, set-top boxes, routers, HDTVs and consumer electronic devices, which all require high bandwidth and reliability to support whole home HD video distribution and networking over standard Wi-Fi networks.

The new funding was led by new investor Southern Cross Venture Partners, with participation from existing investors Grazia Equity GmbH, Sequoia Capital, Sigma Partners and Venrock Associates. In addition, Southern Cross Venture Partners Managing Director Dr. Larry Marshall has joined Quantenna's board of directors. With this latest round, total investment in the three-year old wireless semiconductor company now exceeds $42 million.

  • Quantenna's management team includes Dr. Behrooz Rezvani (founder, chairman and chief executive officer) and Dr. Andrea Goldsmith (co-founder and chief technology officer.) Prior to founding Quantenna, Dr. Rezvani founded Ikanos Communications in 1999 and served as chief technology officer through its successful IPO in 2005. Dr. Goldsmith is also a professor of electrical engineering at Stanford University and a recognized expert in the field of wireless communications and networks, with an emphasis on MIMO systems, adaptive transmission, and QoS for wireless applications.