Wayne, PA – According to filings with the U.S. Securities and Exchange Commission, Cornelis Networks is raising $31,250,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Philip Murphy 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 Cornelis Networks

Cornelis Networks is a technology leader delivering purpose-built high performance fabrics for High Performance Computing (HPC), High Performance Data Analytics (HPDA), and Artificial Intelligence (AI) to leading commercial, scientific, academic, and government organizations. Cornelis is powered by a successful team of entrepreneurs, including visionary architects, world-class hardware and software engineers, seasoned marketing and support professionals, and veteran leadership, all focused on a single purpose: to deliver innovative solutions that advance the mission of our customers to solve the world’s toughest problems.

To learn more about Cornelis Networks, visit http://cornelisnetworks.com/

Contact:
Philip Murphy, Chief Executive Officer
800-404-2284

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