New Enterprise Associates is up to its neck in initial public offerings these days. But even for NEA, a chipmaker IPO isn’t exactly common.
One of the Chevy Chase-based venture capital firm’s portfolio companies, Milpitas, Calif.-based Aquantia Corp., this week announced a $16 million Series G financing led by Xilinx Inc., a possible prelude to a public offering for the decade-old semiconductor company, an executive told The Wall Street Journal.