Ikanos Communications, a start-up based in Fremont, California, closed $30 million in series D funding to support volume shipments of its programmable, integrated, broadband chipsets. Ikanos chipsets support multiple international standards of the Very High Bit Rate Digital Subscriber Line-Discrete Multi-Tone (VDSL-DMT) as well as ATM and Ethernet protocols, symmetric and asymmetric applications, and scalable speeds up to 100 Mbps over copper pairs. Ikanos said VDSL deployments were gathering steam, especially in Korea and Japan. The company has shipped over 200,000 VDSL-DMT ports to date and it anticipates shipping 1,000,000 ports by the middle of the year. . The new funding was led by Sequoia Capital and include Greylock Partners, Intel Capital, JPMorgan Partners, Presidio Venture Partners, Ridgewood Capital, Telesoft Partners, VentureTech Alliance (an affiliate of Taiwan Semiconductor Manufacturing Company), and Walden International. Total funding secured to date is more than $82 million. TSMC provides foundry services to Ikanos.
http://www.ikanos.com
- Ikanos has disclosed design wins with ZyXEL (Taiwan), Hyundai Networks (Korea), Samsung (Korea), NEC (Japan) and Sumitomo Electric Industries (Japan).
