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Tech Industry

Start-up Banderacom secures $35 million

Banderacom, a start-up working on chips that will help transfer data between servers using the fast, new InfiniBand standard, announced it has secured $35 million in second-round venture funding. Banderacom said it would use the money to accelerate development of InfiniBand chips. A number of new and established technology companies are investing in InfiniBand as the new standard for high-speed server communications.

Banderacom, a start-up working on chips that will help transfer data between servers using the fast, new InfiniBand standard, announced it has secured $35 million in second-round venture funding.

Banderacom said it would use the money to accelerate development of InfiniBand chips. A number of new and established technology companies are investing in InfiniBand as the new standard for high-speed server communications.