To quote our favorite YouTube video “Series F. Where’s my IPO, Series G: Gettin Low”, whenever we see a later round investment we are always intrigued as to what the status of the company (and cap table) is. In that light, we have given semiconductor company Aquantia and their $16M G round the honor of Round of the Week.
Name: Aquantia
Website: http://www.aquantia.com/
Funding to Date: $154M (too many to list!)
Deal Notables: Even with strong headwinds of VC’s movement away from semiconductor investments, Aquantia has raised yet another round and is apparently on an IPO path. Thankfully, they own about 70% of the market and are expecting phenomenal growth with “large revenue opportunities”. So if anyone has the chops to go public amid all the chaos, they seem to fit the bill. We just hope the founding members have some equity remaining to compensate them for their hard work all these years…
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