San Jose California based Credo is raising $50,099,465.00 in New Equity Investment.
San Jose, CA – According to filings with the U.S. Securities and Exchange Commission, Credo is raising $50,099,465.00 in new funding. Sources indicate as part of senior management President and Chief Executive Officer, Bill Brennan played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Credo
With offices in California, Taiwan, Shanghai and Hong Kong, Credo delivers breakthrough Serializer-Deserializer (SerDes) IP and interconnect solutions that scale bandwidth and deliver end-to-end signal integrity in next-generation platforms requiring single-lane rate 25G, 50G, and 100G connectivity. As big data, cloud and mobility applications put increased pressure on network infrastructure, Credo enables customers to overcome the growing design hurdle associated with rapidly and exponentially scaling network bandwidth. Each member of the Credo management team respectively has over 20 years of semiconductor-relevant expertise. We’re on the pulse of modern technology and have monitored its evolution to inform our engineering and strategic approaches.
To learn more about Credo, visit http://www.credosemi.com/
Contact:
Bill Brennan, President and Chief Executive Officer
408-659-1720
https://www.linkedin.com/in/bill-brennan-a291367a/
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