Entridia Corp., an Irvine startup that makes equipment designed to speed up the Internet, has closed the final $10 million stage of its second-round financing, which now totals $25 million.
Adding to Entridia’s roster of big-name investors, Hewlett-Packard Co. spin-off Agilent Technologies Inc., a maker of test equipment, led the final stage. Other investors include graphics chips and electronics maker S3 Inc., Merrill Lynch & Co., Bayview 2000 and an employee venture fund of Robertson Stephens.
Aligent general manager Paul Engle said his company made the investment because Entridia’s technology compliments Aligent’s business and other areas. Entridia designs chips used in Internet routing gear, which acts as a traffic cop of sorts to manage Internet transmissions.
So far, the company has attracted about $40 million, most of that from established technology companies.
