About Chelsio
Chelsio is a company based in Sunnyvale (United States) founded in 1997. Chelsio has raised $79 million across 5 funding rounds from investors including East West Bank, Investor and Broadcom. The company has 54 employees as of April 06, 2024. Chelsio offers products and services including Unified Wire Adapters, Terminator 7 ASIC, and Unified Storage Server. Chelsio operates in a competitive market with competitors including DDN, Coraid, Sanera, Incipient and Lefthand Networks, among others.
- Headquarter Sunnyvale, United States
- Employees 54 as on 06 Apr, 2024
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Chelsio Communications Private Limited
- Date of Incorporation 26 Dec, 2006
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$3.68 M (USD)13.94as on Mar 31, 2023
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Net Profit
$319.43 K (USD)2.63as on Mar 31, 2023
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EBITDA
$211.96 K (USD)-69.6as on Mar 31, 2023
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Total Equity Funding
$79 M (USD)
in 5 rounds
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Latest Funding Round
$13 M (USD), Debt – Conventional
Jun 01, 2022
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Investors
East West Bank
& 13 more
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Employee Count
54
as on Apr 06, 2024
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Products & Services of Chelsio
Chelsio offers a comprehensive portfolio of products and services, including Unified Wire Adapters, Terminator 7 ASIC, and Unified Storage Server.
Adapters for high-speed networking in cloud and HPC environments.
ASIC chip for advanced networking and storage offloads.
Server for optimized storage networking and data management.
People of Chelsio
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Funding Insights of Chelsio
Chelsio has successfully raised a total of $79M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $13 million completed in June 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Chelsio
Chelsio has secured backing from 14 investors, including institutional and venture fund investors. Prominent investors backing the company include East West Bank, Investor and Broadcom.
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Venture capital investments are offered to startups by NEA.
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Investments are directed by the Wallenberg family into Nordic sectors.
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Investments are made in growth-stage companies across US and Asia.
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Investor details for Chelsio
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Investments & Acquisitions by Chelsio
Investment portfolio details for Chelsio
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Financial Statements - Chelsio
Detailed financials for Chelsio
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Chelsio Comparisons
Peer comparison for Chelsio
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Competitors of Chelsio
Chelsio operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as DDN, Coraid, Sanera, Incipient and Lefthand Networks, among others.
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Big data and HPC storage appliances are provided for businesses.
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Ethernet-based SAN storage solutions are provided for data networks.
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Enterprise SAN switches are provided for storage networking solutions.
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Enterprise storage, SAN virtualization, and data migration solutions are developed.
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Storage area network solutions and data systems are provided.
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Detailed competitors of Chelsio
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Latest news on Chelsio
Complete news archive for Chelsio
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Frequently Asked Questions about Chelsio
Chelsio was founded in 1997 and raised its 1st funding round 8 years after it was founded.
Chelsio is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California, United States.
Kianoosh Naghshineh is the current CEO of Chelsio.
Chelsio is a funded company, having raised a total of $79M across 5 funding rounds to date.
As of Apr 06, 2024, the latest employee count at Chelsio is 54.
Annual revenue of Chelsio is $3.68M as on Mar 31, 2023.
Founded in 1997 and headquartered in Sunnyvale, United States, operations are centered on hardware and software for addressing networking and storage needs in virtualized data centers, cloud services, and cluster setups. Unified wire engine network adapters, storage software, performance gateways, management tools, and bypass cards are included among the offerings in the technology sector.
Chelsio's top competitors include DDN, Coraid and Lefthand Networks.
Chelsio offers Unified Wire Adapters, Terminator 7 ASIC, and Unified Storage Server.
Chelsio has 14 investors. Key investors include East West Bank, Investor, Broadcom, NEA, and Invesco.