Quantenna Tunes In $21 Million
Fremont, CA-based Quantenna Communications, which makes chipsets for broadband home networking over Wi-Fi, said today that it has collected $21 million in Series E financing, bringing its total venture pot to about $78 million. New investor DAG Ventures led the round, with, with existing investors Sequoia Capital, Sigma Partners, Southern Cross Venture Partners, and Venrock Associates also participating. The company says hardware like its multichannel MIMO 802.11n chipsets will be needed to carry multiple high-definition video streams within homes.
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