Astera Labs, a start-up focused on semiconductor-based connectivity solutions for cloud and AI infrastructure, announced new senior leadership appointments:
- Elli Castro-Bordano will oversee legal operations, focusing on commercial transactions and compliance, leveraging her extensive experience in the semiconductor industry, including roles at Marvell, Inphi, and Broadcom, and her background in the electric vehicle charging and defense industries.
- Chris Petersen as Fellow, Technology and Ecosystems to drive the company's technology and product roadmap, as well as collaboration with hyperscaler customers and ecosystem partners. He brings over 20 years of experience as a data center and server design architect, including at Meta. He also serves as a board member in CXL Consortium, JEDEC, and NVM Express, Inc.
- Kelvin Khoo as Senior Vice President, Corporate Development. Khoo’s experience includes growing Broadcom and NetLogic Microsystems and scaling several technology startups with successful liquidity events.
http://www.AsteraLabs.com
Astera Labs raises $150M for its CXL platform
Astera Labs, a start-up based in Santa Clara, California, raised $150 million in Series-D funding with a $3.15B valuation for its data and memory connectivity solutions based on Compute Express Link (CXL), PCIe, and Ethernet technologies. Fidelity led the funding round and was joined by other existing investors, including Atreides Management, Intel Capital, and Sutter Hill Ventures.“Astera Labs continues to surpass every milestone for a technology...
