Chelsio Raises $12 Million for 10 GbE Adapters

Chelsio Communications, a start-up offering 10-Gigabit Ethernet server adapters and protocol acceleration technology, announced the first close of a private venture funding round, raising a total of $12 million and adding LSI Logic as a new investor.



The company said the new funding provides sufficient capital to reach profitability and will be used to grow the business and ramp production of Chelsio's next generation product line that addresses the growing demand for 10GbE protocol offload.


http://www.chelsio.com