Astera Labs Stock

asteralabs.comTechnology Hardware / Computing hardwareFounded: 2017Funding to Date: $237.13MM

Astera Labs' cloud-based products are designed to combat bandwidth, capacity, and performance bottlenecks for intensive workloads, including AI and machine learning. Astera Labs was founded in 2017 by Jitendra Mohan, Casey Morrison, and Gajendra Akkasalamakki and is headquartered in Santa Clara, CA.

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Team

Management Team

Jitendra Mohan
Co-Founder, Chief Executive Officer & Board Member
Mike Tate
Chief Financial Officer
Casey Morrison
Co-Founder & Chief Product Officer
Gajendra Akkasalamakki
Co-Founder, Chief Business Officer & Board Member
Kush Saxena
Vice President of Human Resources
Patrick Henderson
Vice President of Worldwide Sales

Board Members

Alexis Bjorlin Ph.D
Board Member
Jack Lazar
Board Member
Ronald Jankov
GlobalLink1 Capital
Stefan Dyckerhoff
Sutter Hill Ventures
Manuel Alba
Board Member

News Highlights

Astera Labs Scores Relative Strength Rating Upgrade; Hits Key Threshold
Astera Labs' stock received an upgrade in its Relative Strength rating, reaching 86 and crossing the 80+ percentile threshold. This signals strong technical performance over the past year. The company recently reported 148% sales growth and is ranked in the top 10 amongst semiconductor peers.
Astera Labs’ IPO pops 72% on first day, showing that investor demand for tech with an AI twist is high
Astera Labs, a hardware company benefiting from AI demand, saw its IPO pop over 70% on its first day of trading, showing strong investor appetite for tech related to AI.
Astera Soars 72% on AI-Fueled Demand After $713 Million IPO
Astera Labs' initial public offering soars the company's value in the fourth largest IPO this year.
Updated on: May 8, 2024

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