Quantenna Raises $15 Million To Create Advanced Wi-Fi Chips

Quantenna Communications has raised $15 million from Grazia Equity, Sequoia Capital, Sigma Partners, Southern Cross Venture Partners, Swisscom, and Venrock Associates. This is Quantenna’s fourth round of funding. The company develops Wi-Fi wireless radio chip sets that uses ways to improve the signals of Wi-Fi networks. Quantenna claims that their Wi-Fi chips can transfer data at a speed of 145 megabits per second at a range of 60 feet. Existing Wi-Fi chips are capable of 95 megabits per second. [VentureBeat]

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