AI & Enterprise
Eridu raises $200 million to develop technology to replace existing data centre network systems
AI network startup Eridu has raised $200 million in a Series A funding round, TechCrunch reported on Monday. The round was led by Socratic Partners, John Doerr and Matter Venture Partners, among others, and brought Eridu\'s total funding to $230 million. Founder Drew Perkins previously founded network companies and said he started Eridu after recognising the importance of networking between AI chips.