Aquantia Raising Series B

Aquantia Corp., a Milpitas, Calif.-based developer of physical-layer transceiver ICs, has secured $19.17 million of a $25 million Series B round. Pinnacle Ventures was joined by return backers Lightspeed Venture Partners and Greylock Partners. The company closed its first round in 2005 with over $12 million. www.aquantia.com