When was Chelsio founded?

Chelsio was founded in 1997 and raised its 1st funding round 8 years after it was founded.

Where is Chelsio located?

Chelsio is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California.

How many employees does Chelsio have?

As of May 31, 2026, the latest employee count at Chelsio is 119.

Is Chelsio a funded company?

Chelsio is a funded company, having raised a total of $79M across 5 funding rounds to date. The company's 1st funding round was a $***** Series C round, raised on Jan 18, 2005.

When was the latest funding round of Chelsio?

Chelsio's latest funding was a $***** Conventional Debt round on 2022, with participation from 1 investor.

Where does Chelsio rank among its competitors?

Chelsio ranks 8th amongst 49 active competitors, of which 4 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was DDN, which secured $300M in Jan, 2025.

Who are the top competitors of Chelsio?

Chelsio's top competitors include DDN, Silicom and Incipient. Among them, DDN secured the most recent funding round in January, 2025.

Chelsio - 2026 Company Profile, Funding & Competitors

Company Details

Provider of high-performance Ethernet adapters and ASICs for networking solutions. The company offers solutions for virtualized enterprise datacenters, public and private hyperscale clouds, and cluster computing environments. Its technology offloads communication responsibilities and processing overhead from servers and storage systems. The unified wire solution increases application performance with minimal CPU cycle usage. The company's technology includes cryptography offload capabilities to accelerate functions.

Website: www.chelsio.com/
Social
Registered Address: Sunnyvale, California

Key Metrics

Founded Year

1997

Location

Sunnyvale, United States

Stage

Series F

Total Funding

$79M in 5 rounds

Latest Funding Round

Conventional Debt, 2022, $*****

Investors

New Enterprise Associates & 17 more

Ranked

8^th among 49 active competitors

Employee Count

119 as on May 31, 2026

Similar Companies

DDN & 63 more

View Chelsio's full profile

Chelsio is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
CHELSIO COMMUNICATIONS INC CIN: 943274896 , United States, Active	Dec 31, 1999	-	24 (As on Dec 31, 2024)	-
CHELSIO COMMUNICATIONS PRIVATE LIMITED CIN: U30007KA2006PTC041292 , India, Active	Dec 26, 2006	$1M - $10M (As on Mar 31, 2025)	66 (As on Sep 30, 2024)

Chelsio has raised a total funding of $79M over 5 rounds. Its first funding round was on Jan 18, 2005. Its latest funding round was a Conventional Debt round on 2022 for $*****. 1 investor participated in its latest round. Chelsio has 18 institutional investors.

Here is the list of recent funding rounds of Chelsio:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
2022	5827	Conventional Debt	4372	3032	5075	9024
Nov 16, 2009	2111691	Series F	4463199	2212881	4262351	5824833
Jan 04, 2008	7243480	Series E	9531789	7745248	8438231	Investor & 7 more

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View details of Chelsio's funding rounds and investors

Chelsio's employee count trend

Chelsio has 119 employees as of May 26. Here is Chelsio's employee count trend over the years:

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Top competitors of Chelsio include DDN, Silicom and Incipient. Here is the list of Top 10 competitors of Chelsio, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	DDN 1998, Chatsworth (United States), Series B	Platform offering big data and HPC storage appliances for businesses	$310M	Blackstone, ClearLight Partners & 3 others	75/100
2nd	Silicom 1987, Kfar Saba (Israel), Public	Provider of server and appliances networking solutions	-	Herald Investment Management	45/100
3rd	Incipient 2001, Waltham (United States), Series E	Enterprise Data Storage	$94.7M	QuestMark Partners, HLM Venture Partners & 7 others	44/100
4th	Coraid 2000, Redwood City (United States), Acquired	Simple, high-performance, and inexpensive storage area network (SAN) solutions	$99.9M	Crosslink Capital, AllegisCyber Capital & 5 others	43/100
5th	Atto 1988, New York City (United States), Acquired	Enterprise storage area network solutions provider	$3M	Emerging Technology Partners	42/100
6th	Sanera 2000, Sunnyvale (United States), Acquired	Los Angeles telecommunications contractor providing cabling, electrical, and network solutions	$73.3M	Enterprise Partners Venture Capital, Storm Ventures ... & 8 others	40/100
7th	QLogic 1994, Aliso Viejo (United States), Acquired	Innovating essential technology solutions for data infrastructure, networking, and compute	-	Saints Capital, Western Technology Investment ... & 1 others	40/100
8th	Chelsio 1997, Sunnyvale (United States), Series F	Provider of high-performance Ethernet adapters and ASICs for networking solutions	$79M	Global Catalyst Partners, A&E Investments ... & 16 others	39/100
9th	Compellent 2002, Eden Prairie (United States), Acquired	Enterprise network storage solutions	$29.3M	Rally Ventures, Nomura & 6 others	39/100
10th	Equallogic 2001, Nashua (United States), Acquired	Storage area network systems	$47M	Birch Hill Equity Partners, Focus Ventures ... & 3 others	39/100