Astera Labs

IPO

Purpose-Built Connectivity for Rack-Scale AI

Public · Santa Clara, United States · Founded 2017 · $200.0M raised

Employees
501–1000
Founded
2017
Business Model
B2B
Total Funding
$200.0M
Last Round
$150.0M Series DNov 2022
Rounds
3
Type
Public

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Astera Labs (Nasdaq: ALAB) designs and delivers silicon-based connectivity solutions purpose-built for AI and cloud data center infrastructure. Founded in 2017 by Jitendra Mohan, Sanjay Gajendra, and Casey Morrison, the company addresses the connectivity bottlenecks that emerge as AI workloads scale beyond individual servers to rack-scale deployments. Its product portfolio spans PCIe retimers, CXL memory controllers, and Ethernet smart cable modules, collectively forming an Intelligent Connectivity Platform (ICP). The COSMOS software layer provides fleet-wide management. Astera Labs IPO'd on Nasdaq in March 2024.

Summary

Astera Labs is a Hardware company based in Santa Clara, United States, founded in 2017. It has raised $200.0M in total across 3 rounds, most recently a $150.0M Series D round in Nov 2022. Investors include Fidelity Management, Sutter Hill and Atreides Management.

Tech & App Stack

5 technologies & apps tracked

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Funding & Exit History

IPOMar 2024
$712.8M

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Funding: Series B through Series D. Amounts, valuations, and investors where available.

Investors

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