AttoTude: Data Center Application Interconnection Technology Company Raises $29 Million (Series A)

By Amit Chowdhry • Sep 23, 2024

AttoTude, a leader in interconnect technology for AI and hyperscale data center applications, announced it has raised a Series A funding round of $29 million. This latest funding round shortly follows AttoTude’s initial Seed Round, which was $11 million in March 2024. These funding rounds were based on a combination of prominent investors, including Sutter Hill Ventures, Canaan Partners, and Wing Venture Capital.

The company is also developing transformative interconnect technology that enables for high-speed data communication at individual lane speeds from 112 Gb/s to 448 Gb/s and beyond. And AttoTude’s solution offers significant improvements in speed, power, reliability and cost compared to existing interconnect solutions. In addition, the solution supports high radix and high-density architectures that are critical for AI and hyperscale data centers while leveraging existing manufacturing processes. The AttoTude technology does not require any specialized assembly lines, simplifying its ability to scale to high-volume production.

AttoTude was co-founded by Dave Welch (former co-founder of Infinera and CTO/VP of Corporate Development of SDLI), and Joy Laskar (founder of five startup companies and former professor at Georgia Institute of Technology). And AttoTude’s Board of Directors includes Basil Alwan, CEO of Tarana Wireless, previously President of IP / Optical Networks at Nokia and founder of Timetra Networks. Wing’s Founding Partner, Peter Wagner, will join the board as part of the Series A financing.

The company has been developing a differentiated technology for high-speed data networking that will break through the limitations of the interconnect solutions used now, including significant improvements in bandwidth, power dissipation, reliability, and cost.

KEY QUOTE:

“At AttoTude, we believe we have a winning combination of disruptive technology, a large and growing market, and a world class team. We are excited to build the future of high-speed interconnects and are working hard to get this technology into customer’s hands.”

-Dave Welch, co-founder and CEO of AttoTude