This brings the total investment in the company to date to $132.8 million.
The additional money will be used to bring Kandou's Matterhorn USC-C multiprotocol retimer IC to market, to support the development of Kandou's proprietary chord signalling technology and the company's Glasswing SerDes IP.
Participants in the funding include both existing investors, led by Bessemer Venture Partners, and two new investors, Climb Ventures, and Swiss Select Opportunities managed by Flexstone Partners.
"This round of funding will enable us to meet growing customer demand for Matterhorn as we continue to innovate and deliver high-speed connectivity solutions," said Amin Shokrollahi, founder and CEO of Kandou, in a statement.
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