Chelsio Communications Raises $17 Million

Chelsio Communications Inc., a Sunnyvale, Calif.-based provider of 10-gigabit Ethernet unified wire solutions, has raised $17 million in sixth-round VC funding. peHUB had previously reported on the round, based on a regulatory filing. Mobile Internet Capital was joined by return backers New Enterprise Associates, INVESCO Private Capital, Investor Growth Capital, LSI Corporation, NTT Finance, Vendanta Capital, Abacus Capital Group, Pacesetter Capital Group and Horizon Ventures. Chelsio previously raised around $84 million.

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