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Cisco ups investment in PHY supplier
Cisco Systems has made another investment in a chip supplier it’s been funding since 2005.Cisco Investments contributed to Aquantia’s $37 million Series H funding, joining new investors Credit Suisse’s Direct Equity Partners, Global Foundries, and Walden Riverwood. Aquantia, which employs 160 people, has raised a total of $199 million since its first round of funding in 2005.Cisco has participated in each round, Aquantia says.Aquantia make PHY chips for copper-based 10GBASE-T and multigigabit 2.5G/5G Ethernet networks for enterprise, data center and mobile applications. Cisco is the leading vendor in these markets, and in Ethernet networking overall.To read this article in full or to leave a comment, please click here