Ethernovia

San Jose, United States Founded: 2018 • Age: 8 yrs
In-vehicle network middleware solutions are provided to OEMs.

About Ethernovia

Ethernovia is a Transportation, Automotive & Logistics company based in San Jose (United States) founded in 2018 by Darren Engelkemier, Roy Myers, Hossein Sedarat, and Ramin Shirani. In-vehicle network middleware solutions are provided to OEMs. Ethernovia has raised $154 million across 2 funding rounds from investors including AMD, Western Digital and Enea. The company has 15 employees. Its chief executive, as recorded, is Ramin Shirani. Its Indian entity Ethernovia India Private Limited reported revenue of β‚Ή9.40 Cr. Ethernovia offers products and services including Automotive Ethernet PHYs and Automotive Ethernet Switches. Its focus areas include Connected Vehicles, Connectivity Solutions, Middleware Solutions and Auto Tech. Its competitors include Hughes Telematics, Excelfore and Intrepid Control Systems; 2 of its 3 listed competitors have raised funding.

Company details

Ethernovia was founded in 2018 and is based in San Jose, United States. Middleware solutions for in-vehicle networks are offered to original equipment manufacturers in the automotive sector. These solutions support advanced driver-assistance systems, engine control unit consolidation, high-performance computing, and vehicle data networks. Operations focus on enabling efficient connectivity and processing within vehicles.

  • Headquarters San Jose, United States
  • Employees 15
  • Founders Darren Engelkemier, Roy Myers, Hossein Sedarat, Ramin Shirani
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website ethernovia.com
  • Social LinkedIn
  • Legal Name Ethernovia India Private Limited
  • Date of Incorporation 28 Jun, 2022
  • Jurisdiction Pune, Maharashtra, India
Key Metrics
  • Indian entity revenue
    ₹9.40 Cr

    FY 2025 · +29% YoY

  • Indian entity net profit
    ₹1.02 Cr

    FY 2025 · 11% margin

  • Indian entity EBITDA
    ₹1.53 Cr

    FY 2025 · 16% margin

  • Total Equity Funding
    $154M (USD)

    in 2 rounds

  • Latest Funding Round
    $90M (USD), Series B

    Jan 2026

  • Investors
    AMD

    & 10 more

  • Employee Count
    15

Products & Services of Ethernovia

Ethernovia offers a comprehensive portfolio of products and services, including Automotive Ethernet PHYs and Automotive Ethernet Switches.

Automotive Ethernet PHYs
Networking Hardware

Enables high-speed data transfer in vehicle networks for ADAS applications.

Automotive Ethernet Switches
Networking Hardware

Facilitates ECU consolidation and bandwidth management in automotive systems.

Funding Insights of Ethernovia

Ethernovia has successfully raised a total of $154M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $90 million completed in January 2026. 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.

  • Total Funding $154M
  • Total Rounds 2
  • Last Round Series B β€” $90M
  • First Round $64M

    (May 2023)

  • Investors Count 11

All 2 funding rounds of Ethernovia with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2026$90MSeries B–Maverick Silicon
May 2023$64MSeries A––
Valuation history

11 investors in total: 11 institutional.

Investors in Ethernovia

Ethernovia has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include AMD, Western Digital and Enea.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital investing in technology sectors such as AI and automotive.
2000qualcommventures.comSan Diego, United States
Investments are directed toward early to mid-stage semiconductor companies.
vtalliance.comSan Jose, United States
VC firm that does early stage investments in the US
fall-line-capital.comSan Mateo, United States
VC firm focusing on technology companies
taiwaniacapital.comTaipei, Taiwan
socraticpartners.com
conduitcapitalpartners.com
Passenger cars and commercial vehicles are manufactured by Porsche SE.
2007porsche-se.comStuttgart, Germany
High-performance CPUs and GPUs are developed for computing applications.
1969amd.comSanta Clara, United States
Enterprise storage solutions are delivered via AI-based platforms.
1970westerndigital.comSan Jose, United States
Real-time operating systems and telecom protocols are provided for enterprises.
1965enea.comStockholm, Sweden
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Investor details for Ethernovia

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Board of directors of Ethernovia India Private Limited (Ethernovia)

Ethernovia India Private Limited is the primary company behind Ethernovia. The board of Ethernovia India Private Limited currently have 2 directors; the longest-serving is Ramin Shirani, appointed in 2022. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ramin Shirani
DIN 09655207
Director28 Jun 20224 yrs 4 moEthernovia India Private Limited
Madhu Malali Subrahmanyam
DIN 06370296
Director19 Jun 20242 yrs 4 moEthernovia India Private Limited

People of Ethernovia

19 people are tracked at Ethernovia (7 in leadership, 12 in team); the tracked headcount is 15.

NameRoleGroup
Darren Engelkemier
Co-FounderLeadership
Roy Myers
Co-FounderLeadership
Hossein Sedarat
Co-FounderLeadership
Co-Founder & CEOLeadership
Damodar Charate
Director (Mixed signal Layout)Leadership
Eric O'Brien
DirectorLeadership
Ehud Nir
Sr. Director VLSI And GM CanadaLeadership
Victor Pecanins Martínez
Analog Design EngineerTeam
Binu Raghavan
Senior EngineerTeam
Gurjit Nijjar
Sr. ASIC Verification ManagerTeam
Kaywan Afkhamie
DSP EngineeringTeam
Grigory Marderfeld
Senior Principal ASIC Digital Design EngineerTeam
Darren Di Cera
Principal EngineerTeam
Dallas McNally
Principal Design Verification EngineerTeam
Joshua Lai
Senior IC Design And Verification EngineerTeam
Varun Kanale
Member Of Technical Staff (layout)Team
Heidi Licht
Assistant ControllerTeam
Öykü Tansel
Member Of Technical StaffTeam
Anjali Vishwanath
Sr verification engineerTeam
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Complete people profiles for Ethernovia

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Financials of Ethernovia

Figures of Ethernovia India Private Limited, the primary company behind Ethernovia, for FY 2025. Revenue was ₹9.40 Cr (+29% year on year). Net profit was ₹1.02 Cr (11% margin). EBITDA was ₹1.53 Cr (16% margin).

  • ₹9.40 CrRevenue · FY 2025 · +29% YoY
  • ₹1.02 CrNet profit · 11% margin
  • ₹1.53 CrEBITDA · 16% margin
  • ₹1 LakhPaid-up capital
  • 15Employees (provident fund records)

Balance sheet, profit and loss, cash flow and ratios of Ethernovia India Private Limited are on its company page.

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Detailed financial statements for Ethernovia

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Timeline of Ethernovia

3 dated milestones of Ethernovia across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded Ethernovia is founded.
  2. Funding First funding round of $64.0M.
  3. Funding Latest funding round, Series B, of $90.0M.

Competitors of Ethernovia

Ethernovia has 3 listed competitors in our database, 2 of them funded. They include Hughes Telematics, Excelfore and Intrepid Control Systems.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
hughestelematics.com2007Atlanta, United States$74.81M517
Suite of information-based and wireless services for vehicles is developed.
excelfore.com2008Fremont, United States$14.64M13
Cloud-enabled middleware solutions for automotive networks are provided.
intrepidcs.com1994Madison Heights, United States108
Provider of vehicle networking, autonomy & embedded solutions
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Detailed competitors of Ethernovia

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Verified entity values are shown only after access is granted.

Web traffic of Ethernovia

The website of Ethernovia (ethernovia.com) receives about 6.5K visits a month.

  • Monthly visits
    6.5K

    ▲ 150.9% vs previous month

Top companies in Automotive Technology & Systems

3 companies that operate in the same segment as Ethernovia (Automotive Technology & Systems) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Diversified loans are provided via an AI-enabled online marketplace.
2012Palo Alto, California, United StatesUSD 128.65 MUSD 1.04 B1,190
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
2015San Francisco, California, United StatesUSD 915 MUSD 1.62 B5,792
Cloud-based ERP software is provided for automotive and manufacturing sectors.
1972Austin, Texas, United StatesUSD 229.28 M834
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Related news about Ethernovia

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Frequently Asked Questions about Ethernovia

Ethernovia was founded in 2018 and raised its 1st funding round 5 years after it was founded.

Ethernovia is headquartered in San Jose, United States. It is registered at San Jose, California, United States.

Ramin Shirani is the CEO of Ethernovia, as recorded in our data. They have also founded this company.

Ethernovia is a funded company, having raised a total of $154M across 2 funding rounds to date. The company's 1st funding round was a Series A of $64M, raised on May 2023.

Ethernovia has 15 employees.

The primary company behind Ethernovia, Ethernovia India Private Limited, reported revenue of β‚Ή9.40 Cr for FY 2025, up 29% year on year.

Ethernovia was founded in 2018 and is based in San Jose, United States. Middleware solutions for in-vehicle networks are offered to original equipment manufacturers in the automotive sector. These solutions support advanced driver-assistance systems, engine control unit consolidation, high-performance computing, and vehicle data networks. Operations focus on enabling efficient connectivity and processing within vehicles.

Ethernovia's top competitors include Hughes Telematics, Excelfore and Intrepid Control Systems.

Ethernovia offers Automotive Ethernet PHYs and Automotive Ethernet Switches.

Ethernovia has 11 investors. Key investors include AMD, Western Digital, Enea, Porsche Se, and Qualcomm Ventures.

Ethernovia operates through Ethernovia India Private Limited.

The legal entities of Ethernovia currently have 2 directors, including Madhu Malali Subrahmanyam, Ramin Shirani.

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