Tech Company Financing Transactions

Astera Labs Funding Round

Astera Labs closed a $150 million Series D investment round on 11/17/2022. Investors included Fidelity Management & Research Company, Atreides Management LP and Intel Capital.

Transaction Overview

Company Name
Astera Labs
Announced On
11/17/2022
Transaction Type
Venture Equity
Amount
$150,000,000
Round
Series D
Investors

Fidelity Management & Research Company (Lead Investor)

Atreides Management LP

Intel Capital (Mark Rostick)

Sutter Hill Ventures (Stefan Dyckerhoff)

Proceeds Purpose
This latest funding round is a testament that we are not only invested in the right growth markets such as Cloud, Artificial Intelligence/Machine Learning, and Hyperscale infrastructure, but that we are also able to consistently execute and deliver breakthrough connectivity products that are critical to our customers and partners.

Company Information

Company Status
Private & Independent
Industry
Networking
Mailing Address
2901 Tasman Dr. 204
Santa Clara, CA 95054
USA
Phone
Undisclosed
Website
www.asteralabs.com
Email Address
[email protected]
Overview
Astera Labs strives to be a trusted partner for distributing data in intelligent systems. We develop purpose-built connectivity solutions that remove performance bottlenecks in compute-intensive workloads, such as artificial intelligence and machine learning.
Profile
Astera Labs LinkedIn Company Profile
Social Media
Astera Labs Company Twitter Account
Company News
Astera Labs News
Facebook
Astera Labs on Facebook
YouTube
Astera Labs on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jitendra Mohan
  Jitendra Mohan LinkedIn Profile  Jitendra Mohan Twitter Account  Jitendra Mohan News  Jitendra Mohan on Facebook
Chief Financial Officer
Michael Tate
  Michael Tate LinkedIn Profile  Michael Tate Twitter Account  Michael Tate News  Michael Tate on Facebook
VP - Bus. Development
Sanjay Gajendra
  Sanjay Gajendra LinkedIn Profile  Sanjay Gajendra Twitter Account  Sanjay Gajendra News  Sanjay Gajendra on Facebook
VP - Engineering
Kalyan Mulam
  Kalyan Mulam LinkedIn Profile  Kalyan Mulam Twitter Account  Kalyan Mulam News  Kalyan Mulam on Facebook
VP - Human Resources
Kush Saxena
  Kush Saxena LinkedIn Profile  Kush Saxena Twitter Account  Kush Saxena News  Kush Saxena on Facebook
VP - Product Management
Casey Morrison
  Casey Morrison LinkedIn Profile  Casey Morrison Twitter Account  Casey Morrison News  Casey Morrison on Facebook
VP - Sales
Patrick Henderson
  Patrick Henderson LinkedIn Profile  Patrick Henderson Twitter Account  Patrick Henderson News  Patrick Henderson on Facebook

 

 

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Next: 11/17/2022: Narwhal Technologies venture capital transaction

 

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We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are derived from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.

 

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