Eridu raises $200M
Eridu announced a $200M Series A and is hiring ASIC, software, and systems engineers to build AI networking and high‑throughput stacks (x.com). That signals near‑term demand for InfiniBand/Spectrum‑X networking and scale‑up/out solutions.
Founder Drew Perkins — the serial entrepreneur behind Lightera (acquired by Ciena), co‑founder of Infinera and Gainspeed, and later founder of Mojo Vision — is leading Eridu’s technical vision. (techcrunch.com) The Series A was led by Socratic Partners alongside John Doerr, Hudson River Trading, Capricorn Investment Group and Matter Venture Partners, with a broader investor syndicate listed in the company release. (businesswire.com) TechCrunch reports the company has disclosed total capital raised at roughly $230M to date. (techcrunch.com) Eridu says it built a clean‑sheet network architecture and custom silicon to enable “on‑chip” communications that reduce multi‑hop paths, and its high‑radix switch claims to replace roughly 30 lower‑radix switches to boost GPU utilization and cut power per bit. (eridu.ai) The founding and early engineering bench pulls from Infinera, Cisco, Google, Juniper, Broadcom and Marvell, and co‑founder Omar Hassen brings networking chip design experience from Broadcom/Marvell‑class work. (bizjournals.com) Hiring is active and broad: the company lists roughly two dozen open roles across ASIC, RTL/verification, systems and software on its ATS, and public job listings include RTL networking ASIC, PCIe subsystem, Linux BSP/secure‑boot and network switch SDK positions. (ats.rippling.com) Eridu public materials and partner quotes flag close work with advanced foundry and integration partners—TSMC’s North America VP is quoted on process and integration—and the company frames its go‑to‑market as selling full systems that would sit where traditional data‑center switches (e.g., Arista class gear) currently do for AI hyperscalers, frontier labs and neoclouds. (eridu.ai)
