“Innovium is laser-focused on developing revolutionary semiconductor solutions to meet our customers’ most critical needs. We are delighted to receive top-tier investor support towards this mission.”“Domain knowledge and strong execution track record are critical to the success of any new venture. Innovium’s team members have delivered successful products widely deployed in a range of infrastructure applications across the world. With a clean-sheet design, we believe that Innovium can deliver a truly compelling solution,” said Lip-Bu Tan, Chairman of Walden International. However, according to company claims, it is in making of a “revolutionary” semiconductor designed to power Ethernet networking infrastructure in data centers and plans to compete contemporaries like Broadcom. Another key player in the industry is Cavium Inc. where Khemani served as the COO until 2013. Asheem Chandna, Partner at Greylock Partners has stated that, “The secular move to the cloud has created a tremendous high-growth market opportunity for data-center networking solutions.” “Innovium has put together one of the industry’s strongest Ethernet switching teams and they are uniquely qualified to partner with cloud providers and networking vendors to deliver the next generation of solutions,” he added. While Capricorn Investment Group, Managing director, Dipendar Saluja said, “Large scale data-centers have special requirements that don’t require ‘one-size-fits-all’ solutions. Innovium’s focused innovations promise to set it apart from alternatives.”
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