# Astera Labs (ALAB), Penguin (PENG), XConn

**Source:** https://www.startuphub.ai/startups/astera-labs-alab-penguin-peng-xconn
**Profile type:** Startup

> Astera Labs provides purpose-built connectivity solutions for rack-scale AI infrastructure.

## About

Astera Labs designs and delivers semiconductor-based connectivity solutions for cloud and AI infrastructure. Their Intelligent Connectivity Platform integrates semiconductor technology, microcontrollers, sensors, and software to enhance performance, scalability, and data management. They serve hyperscalers and system original equipment manufacturers.

## Key facts

- **Slug:** astera-labs-alab-penguin-peng-xconn
- **Website:** https://www.asteralabs.com
- **Location:** San Jose, United States
- **Founded:** 2017-01-01
- **Employees:** 939
- **Operating status:** Active
- **Total funding:** $50M
- **Sectors / tags:** Semiconductors, AI Chip, AI Hardware, Data Center Infrastructure, Connectivity Solutions, PCIe, CXL, Ethernet, AI Infrastructure, Cloud Infrastructure
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/astera-labs
  - Twitter: https://x.com/AsteraLabs

## Frequently asked

### What does Astera Labs (ALAB), Penguin (PENG), XConn do?

Astera Labs designs and delivers semiconductor-based connectivity solutions for cloud and AI infrastructure. Their Intelligent Connectivity Platform integrates semiconductor technology, microcontrollers, sensors, and software to enhance performance, scalability, and data management. They serve hyperscalers and system original equipment manufacturers.

### What is Astera Labs (ALAB), Penguin (PENG), XConn's revenue?

StartupHub estimates Astera Labs (ALAB), Penguin (PENG), XConn's annual revenue at $641.7M (range $335.8M to $1.1B, 64% confidence), based on comparable companies in the sector.

### What is Astera Labs (ALAB), Penguin (PENG), XConn's valuation?

StartupHub estimates Astera Labs (ALAB), Penguin (PENG), XConn's effective valuation at $521.0M (range $364.7M to $677.4M, 26% confidence), based on comparable companies in the sector.

### How much funding has Astera Labs (ALAB), Penguin (PENG), XConn raised?

Astera Labs (ALAB), Penguin (PENG), XConn has raised a total of $50M in funding. The most recent round on record is Series C.

### Where is Astera Labs (ALAB), Penguin (PENG), XConn headquartered?

Astera Labs (ALAB), Penguin (PENG), XConn is headquartered in San Jose, United States.

### When was Astera Labs (ALAB), Penguin (PENG), XConn founded?

Astera Labs (ALAB), Penguin (PENG), XConn was founded in 2017.

### What industry does Astera Labs (ALAB), Penguin (PENG), XConn operate in?

Astera Labs (ALAB), Penguin (PENG), XConn operates in Semiconductors, AI Chip, AI Hardware, Data Center Infrastructure, Connectivity Solutions, PCIe.

### How many employees does Astera Labs (ALAB), Penguin (PENG), XConn have?

Astera Labs (ALAB), Penguin (PENG), XConn has approximately 939 people on record.

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