Astera Labs Poised for Rapid Growth with Series B Funding and Manufacturing Partnerships in Place
Round Type
Series B
Santa ClaraManufacturingInformation TechnologyDescription
Astera Labs, a pioneer in connectivity solutions for intelligent systems, today announced that it has closed its Series B funding with renowned technology investors including Sutter Hill Ventures, Intel Capital, Avigdor Willenz, and Ron Jankov. This investment round, along with a strategic collaboration with TSMC for manufacturing, positions Astera Labs to rapidly scale production of its Aries Smart Retimer, the world’s first Smart Retimer Portfolio for PCI Express® (PCIe®) 4.0 and 5.0 solutions, and to accelerate development of additional product lines for Compute Express Link™ (CXL) solutions.
Quick answer
Astera Labs raised an undisclosed amount in a Series B round, dated April 22, 2020. Astera Labs is based in Santa Clara, California, United States.
- How much did Astera Labs raise?
- Astera Labs raised an undisclosed amount in a Series B round on April 22, 2020.
- 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.
- Elevate raised $2.6M on June 5, 2020.
- ATMOSPHERIC PLASMA SOLUTIONS, INC. raised $3.5M (Seed) on June 4, 2020.
- Brown Industries, Inc. raised $76K (Pre-Seed) on June 3, 2020.
- Arthrosi Therapeutics raised $8.5M on June 3, 2020.
- USBC raised $5M (Funding Round) on June 2, 2020.
- Buchanan Craft LLC raised $16K (Seed) on June 1, 2020.
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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Funding Insights
What this usually meansAstera 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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