Tuesday, February 23, 2010

Quantenna Raises $15 Million for its 4x4 MIMO Wi-Fi

Quantenna Communications, a start-up based in Fremont, California, raised $15 million in a Series D round of financing 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 came from Quantenna's current investors: Grazia Equity, Sequoia Capital, Sigma Partners, Southern Cross, Swisscom, and Venrock Associates.

"This is an exciting chapter for Quantenna, as we work with some of the industry's leading consumer electronics manufacturers to deploy a new generation of ultra-high-reliability Wi-Fi home-networking products that can distribute multiple video streams throughout the home at full, 1080p resolution," said David French, Quantenna's CEO. "We have a rapidly growing design pipeline encompassing a wide variety of exciting new products and services, all based on our industry-standard IEEE 802.11n technology with super-charged video capabilities."http://www.quantenna.comhttp://

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