San Jose-based Ethernovia has secured $64M in a Series A funding round to boost its operations and further its development initiatives. The company, known for crafting solutions for cutting-edge vehicle data networks, has attracted investment from several high-profile backers. These include Porsche Automobile Holding SE (Porsche SE), Qualcomm Ventures, VentureTech Alliance, AMD Ventures, Western Digital Capital, Fall Line Capital, Taiwania Capital, and ENEA Capital.
Ethernovia, under the leadership of CEO Ramin Shirani, has developed a reputation for its integrated Ethernet chips. These chips offer advanced security solutions and superior bandwidth, enabling energy-efficient processing of vast data volumes derived from sophisticated vehicle applications. This includes Advanced Driver-Assisted Systems (ADAS), autonomous driving (AD), and a vibrant ecosystem of customer software delivered Over the Air (OTA).
The company’s leadership team also includes prominent figures such as Roy Myers, senior vice president of engineering; Hossein Sederat, chief technology officer; Darren Engelkemier, vice president of silicon engineering, Christopher Mash, vice president of business development, and Klaas Bult, vice president of data acquisition. This latest funding injection will enhance their capacity to lead Ethernovia’s growth and the advancement of its innovative solutions.”
