Attotude Reels in $29 Million Series A

<p><strong>MENLO PARK<&sol;strong> &&num;8212&semi; AttoTude&comma; a developer of interconnect technology for AI and hyperscale data center applications&comma; has announced the completion of its Series A funding round of &dollar;29 million&period; This latest round comes on the heels of AttoTude’s initial Seed Round which raised &dollar;11 million in March&comma; 2024&period; The rounds were funded by a combination of prominent investors&comma; including Sutter Hill Ventures&comma; Canaan Partners&comma; and Wing Venture Capital&period;<&sol;p>&NewLine;<p>The company is developing revolutionary new interconnect technology that allows for high-speed data communication at individual lane speeds from 112 Gb&sol;s to 448 Gb&sol;s and beyond&period; AttoTude’s solution offers significant improvements in speed&comma; power&comma; reliability and cost compared to existing interconnect solutions&period; In addition&comma; the solution supports high radix&comma; high density architectures that are critical for AI and hyperscale data centers while leveraging existing manufacturing processes&period; The AttoTude technology does not require any specialized assembly lines&comma; simplifying its ability to scale to high-volume production&period;<&sol;p>&NewLine;<p>AttoTude is co-founded by Dave Welch &lpar;former co-founder of Infinera and CTO&sol;VP of Corporate Development of SDLI&rpar;&comma; and Joy Laskar &lpar;founder of five startup companies and former professor at Georgia Institute of Technology&rpar;&period; AttoTude’s Board of Directors includes Basil Alwan&comma; CEO of Tarana Wireless&comma; previously President of IP &sol; Optical Networks at Nokia and founder of Timetra Networks&period; As part of the Series A financing&comma; Wing’s Founding Partner Peter Wagner will join the board&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;At AttoTude&comma; we believe we have a winning combination of disruptive technology&comma; a large and growing market&comma; and a world class team”&comma; said Dave Welch&comma; co-founder and CEO of AttoTude&period; &OpenCurlyDoubleQuote;We are excited to build the future of high-speed interconnects and are working hard to get this technology into customer’s hands&period;”<&sol;p>&NewLine;

Editor

Wearlink Reels In $14 Million

SAN FRANCISCO --  Wearlinq, a provider of wearable health monitoring and diagnosis solutions, has announced…

2 days

Link Cell Therapies Emerges From Stealth With $60 Million

SOUTH SAN FRANCISCO -- Link Cell Therapies, an oncology cell therapy company, announced its official…

4 days

Roku to Broadcast Movie With Lauren Holly, Sophia Bush

SAN JOSE — Roku invites viewers to pack their bags for “Broad Trip,” a road…

4 days

Databricks Snags Mammoth $4 Billion Investment

SAN FRANCISCO — Data and AI company Databricks has snagged a massive $4 billion-plus Series…

4 days

NVIDIA Awards $60,000 Grants to 10 Ph.D. Students

For 25 years, the NVIDIA Graduate Fellowship Program has supported graduate students doing outstanding work…

5 days

Sequoia Leads $140 Million Round in Fal

SAN FRANCISCO -- Fal, a real-time generative-media platform powering the next decade of AI-driven content,…

5 days