# Credo Semiconductor

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/credo-semiconductor

- Industry: Semiconductors
- Headquarters: San Jose, US
- Website: www.credosemi.com/
- Total disclosed funding: $176M
- Latest round: Series D (Dec 22, 2020)
- Investors on record: 4

## About

Credo Semiconductor, Inc. focuses on high-speed interconnect solutions, offering innovative products that enhance data center connectivity and performance for various sectors, including telecommunications and AI. Founded in 2008 in San Jose, US, Credo Semiconductor, Inc. specializes in high-speed interconnect technology. The founders include Adebunmi Wellington, Christian Belair, Job Lam, John Doherty, Lawrence Cheng, Predrag Milankovic, Robert Deans, and Stacey Hawley, with Christian Belair and John Doherty currently serving as CEOs. ?In?September 2025, Credo Semiconductor, Inc., a portfolio company of?Walden Catalyst, BlackRock, Celesta Capital, and A&E Investment, acquired?Hyperlume Inc. from Intel Capital, BDC Capital, MUUS Climate Partners, SOSV, ArcTern Ventures, and LG Technology Ventures. Financial terms of the transaction were not disclosed.

Credo Semiconductor, Inc. specializes in high-speed interconnect solutions, delivering advanced products designed to enhance the performance and efficiency of data center connectivity. Core offerings include PCIe 6 retimers, which provide 40dB reach and sub 7ns latency at 11W of power, alongside HiWire Active Electrical Cables (AECs) that incorporate retimer and error correction functionalities for speeds of 400G and beyond. Their products are utilized across North America, Europe, and Asia in sectors requiring reliable data transmission.

In 2025, Credo Semiconductor, Inc. reported a revenue of USD 436.78 million and an EBITDA of USD 59.06 million, primarily generated through B2B sales of high-speed interconnect products such as PCIe 6 retimers and HiWire AECs to clients in the semiconductor and tech industries.

The acquisition enables Credo Semiconductor, Inc. to add Hyperlume Inc.’s optical interconnect technology to its portfolio and improve data center performance.

## Funding rounds

- Series D, Dec 22, 2020, $50M — Walden Catalyst, Celesta Capital, A&E Investment
- Series D, Mar 20, 2020, $100M — BlackRock, Celesta Capital, A&E Investment
- Series B, Dec 1, 2017, $18M — Walden Catalyst, Celesta Capital
- Series A, Aug 31, 2015, $8.3M — Walden Catalyst, Celesta Capital

## Investors

- Walden Catalyst (https://capitalatlas.ai/funds/walden-catalyst) — Series A, Series B, Series D
- Celesta Capital (https://capitalatlas.ai/funds/celesta-capital) — Series A, Series B, Series D
- BlackRock (https://capitalatlas.ai/funds/blackrock) — Series D
- A&E Investment (https://capitalatlas.ai/funds/a-e-investment) — Series D