Astera Labs Secures $50M In Series-C Funding At A $950M Valuation To Accelerate Product And Customer Momentum
Amount Raised
$50 Million
Round Type
Funding Round
Santa ClaraManufacturingInformation TechnologyDescription
Astera Labs, the industry leader for connectivity solutions for intelligent systems, today announced raising $50M as part of an oversubscribed Series-C funding round led by Fidelity Management and Research. Fidelity was joined in this funding round by Atreides Management and Valor Equity Partners, with continued participation from existing investors Avigdor Willenz Group, GlobalLink1 Capital, Intel Capital, Sutter Hill Ventures, and VentureTech Alliance. Prior to this round, Astera Labs raised only $35M over three years, which is a testament to the company’s innovative and nimble team, highly efficient operations, and unwavering customer focus.
Quick answer
Astera Labs raised $50 Million in a Funding Round round, dated September 27, 2021. Astera Labs is based in Santa Clara, California, United States.
- How much did Astera Labs raise?
- Astera Labs raised $50 Million in a Funding Round round on September 27, 2021.
- What does Astera Labs do?
- Astera Labs is a global leader in purpose-built connectivity solutions that unlock the full potential of AI and cloud infrastructure.
- Where is Astera Labs based and how big is it?
- Astera Labs is based in Santa Clara, California, United States. Fundz records about 760 employees.
- Who are the decision-makers at Astera Labs?
- Fundz holds 1 contact at Astera Labs. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Manufacturing around the same time
Companies in the same sectors as Astera Labs that raised within 45 days of this round, from Fundz verified event records.
- Wakefit raised $26M (Funding Round) on November 11, 2021.
- Applied Intuition raised $175M (Series D) on November 11, 2021.
- Wenzel Spine raised $500K (Seed) on November 10, 2021.
- Conner Industries raised $417K (Seed) on November 10, 2021.
- Green Dot Bioplastics Inc. raised $4M (Seed) on November 10, 2021.
- ZeroAvia raised $26M on November 9, 2021.
Who to call at Astera Labs, and when
A new round usually means Astera Labs is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Astera Labs raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Astera Labs, from your own LinkedIn network
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Related People
Astera Labs raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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