CREDO Announces Close of $100 Million Series D Preferred Financing as It Continues to Lead in High Performance Networking Connectivity Solutions

Jun 16, 2020•about 5 years ago

Amount Raised

$100 Million

Round Type

series d

Description

Credo, a global innovation leader in high performance, low power serial connectivity solutions, today announced the company has closed a Series D Preferred financing round of $100M. Funds and accounts managed by BlackRock led the round. Credo will use the funding to accelerate commercialization of its breakthrough 400Gbps and 800Gbps connectivity solutions for the Hyperscale Datacenter and 5G Carrier markets.

Company Information

Company

About

AccelFoods is an early-stage venture fund investing in consumer products. We partner with entrepreneurs to bring innovative, high-quality food and beverage products to the forefront of the industry and create the next generation of enduring brands. With nearly $40m under management, we are hands-on partners that work tactically with our founders to scale their businesses quickly and smartly. We connect the dots within the broader food & beverage ecosystem to provide unique access, share distinct expertise, and build solid infrastructure.

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