When was Cornelis Networks founded?

Cornelis Networks was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Where is Cornelis Networks located?

Cornelis Networks is headquartered in Wayne, United States. It is registered at Wayne,Pennsylvania.

Who is the current CEO of Cornelis Networks?

Lisa Spelman of Cornelis Networks.

Which legal entities is Cornelis Networks associated with?

Cornelis Networks is associated with CORNELIS NETWORKS.

How many employees does Cornelis Networks have?

As of Sep 30, 2026, the latest employee count at Cornelis Networks is 245.

Is Cornelis Networks a funded company?

Cornelis Networks is a funded company, having raised a total of $290M across 7 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Sep 30, 2020.

When was the latest funding round of Cornelis Networks?

Cornelis Networks' latest funding was a $***** Series C round on Sep 14, 2026, with participation from 1 investor.

Where does Cornelis Networks rank among its competitors?

Cornelis Networks ranks 2nd amongst 131 active competitors, of which 9 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Cornelis Networks, which secured $205M in Sep, 2026.

Who are the top competitors of Cornelis Networks?

Cornelis Networks' top competitors include Mellanox Technologies, NetRack Enclosures and One Stop Systems. Among them, Cornelis Networks secured the most recent funding round in September, 2026.

Cornelis Networks - 2026 Company Profile, Team, Funding & Competitors

Cornelis Networks is a series C company based in Wayne (United States), founded in 2019 by Gunnar K Gunnarsson and Philip A Murphy. It operates as a Provider of IT service suite solutions. Cornelis Networks has raised $290M in funding from investors like Intel Capital, Global Brain and Downing Ventures. The company has 131 active competitors, including 9 funded and 29 that have exited. Its top competitors include companies like Mellanox Technologies, NetRack Enclosures and One Stop Systems.

Company Details

Provider of IT service suite solutions. It supports a broad range of middleware and frameworks including intel MPI, open MPI, MPICH, MVAPICH2, SHMEM, gasNet, tensorflow, and many more. Through its highly-optimized OpenFabrics Interfaces implementation, It delivers support for a broad array of application environments with industry-leading performance for end-users mission-critical workloads.

Website: cornelisnetworks.com
Social
Email ID: *****@cornelisnetworks.com
Phone Number: +1 **********
Registered Address: Wayne,Pennsylvania

Key Metrics

Founded Year

2019

Location

Wayne, United States

Stage

Series C

Total Funding

$290M in 7 rounds

Latest Funding Round

Series C, Sep 14, 2026, $*****

Investors

Intel Capital & 7 more

Ranked

2^nd among 131 active competitors

Employee Count

245 as on Sep 30, 2026

Similar Companies

Mellanox Technologies & 133 more

View Cornelis Networks' full profile

Cornelis Networks is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
CORNELIS NETWORKS CIN: 843702824 , Belgium, Active	Dec 31, 1999	-	129 (As on Dec 31, 2022)	-

Cornelis Networks has raised a total funding of $290M over 7 rounds. Its first funding round was on Sep 30, 2020. Its latest funding round was a Series C round on Sep 14, 2026 for $*****. 1 investor participated in its latest round. Cornelis Networks has 8 institutional investors.

Here is the list of recent funding rounds of Cornelis Networks:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 14, 2026	5599674	Series C	4747991	2706825	5247464	7635412
Nov 25, 2024	8558132	Series B	5539817	7514095	4950224	7497608
Mar 01, 2024	5802087	Series B	4750166	6903847	2432096	9601925

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View details of Cornelis Networks's funding rounds and investors

The founders of Cornelis Networks are Gunnar K Gunnarsson and Philip A Murphy.

Here are the details of Cornelis Networks' key team members:

Gunnar K Gunnarsson: Co-Founder & VP of Cornelis Networks.
Contact Info: 1 email address
Philip A Murphy: Co-Founder & COO of Cornelis Networks.
Contact Info: 1 email address
Lisa Spelman: CEO of Cornelis Networks.
Contact Info: 1 email address

View details of Cornelis Networks's Founder profiles and Board Members

Cornelis Networks' employee count trend

Cornelis Networks has 245 employees as of Sep 26. Here is Cornelis Networks's employee count trend over the years:

Employee count trend for Cornelis Networks

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Top competitors of Cornelis Networks include Mellanox Technologies, NetRack Enclosures and One Stop Systems. Here is the list of Top 10 competitors of Cornelis Networks, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Mellanox Technologies 1999, Sunnyvale (United States), Acquired	Provider of Ethernet and InfiniBand interconnect solutions for servers and storage	$97.7M	Dell, Saints Capital & 14 others	63/100
2nd	Cornelis Networks 2019, Wayne (United States), Series C	Provider of IT service suite solutions	$290M	Ridgeline, Adit Ventures & 6 others	61/100
3rd	NetRack Enclosures 2001, Bengaluru (India), Acquired	Manufactures data center enclosures	-	-	57/100
4th	One Stop Systems 1998, Escondido (United States), Public	High performance compute appliances	-	Herald Investment Management, Tech Coast Angels	56/100
5th	Ventana Micro Systems 2018, Cupertino (United States), Acquired	Manufacturer of hardware for data centers	$53M	-	54/100
6th	Maysteel 1936, Allenton (United States), Acquired	Manufacturer of custom metal enclosures, server racks, and related solutions	-	Resilience Capital Partners, Atar Capital	51/100
7th	Interplex 1958, Singapore (Singapore), Acquired	Manufacturer of interconnect and mechanical solutions	-	Affirma Capital, CVC & 1 others	51/100
8th	APC 1981, South Kingstown (United States), Acquired	Data center peripherals	-	MUFG Union Bank, 345 Partners & 2 others	51/100
9th	Promise Technology 1988, Hsinchu (Taiwan), Public	Storage solutions custom made for data centers	-	-	50/100
10th	Quanta Cloud Technology 2012, Taoyuan City (Taiwan), Unfunded	Manufacturer of data center peripherals and enterprise servers	-	-	50/100