TechTaffy

tech:

taffy

Astera Labs raises $150M

28 views

Santa Clara, Calif.-based data and memory connectivity solutions provider Astera Labs has raised $150 million in a Series-D funding round. The investment was led by Fidelity. Atreides Management, Intel Capital, and Sutter Hill Ventures also participated in the funding round.

In another development, Astera Labs has elected two new members to its board of directors Dr. Alexis Black Bjorlin, VP of Infrastructure, Meta, and Michael Hurlston, President, and CEO, Synaptics.

The latest funding pegs Astera Labs at a $3.51 billion valuation.

[Image courtesy: Astera Labs]

Also see:

Fundings

Cado Security raises $20M (London)

London, UK.-based cloud forensics and incident response platform provider Cado Security has raised $20 million in funding.
Fundings

Quantifind raises $23M

Quantifind, a provider of AI-powered financial crimes risk management solutions, has raised $23 million in funding.
Fundings

Typeface raises $65M

Typeface, a generative AI application provider for enterprise content creation, has raised $65 million. 
Series D

Wiz raises $300M

New York-based cloud security provider Wiz has raised $300 million.
Fundings

Zylo raises $5M

Indianapolis, Indiana-based SaaS management and application provider Zylo has raised $5 million in Series C funding.