Quantenna Named on Wall Street Journal's “The Next Big Thing” List of Top 50 Venture-Backed Companies

FREMONT, Calif.--(BUSINESS WIRE)--Quantenna Communications, Inc., the leader in ultra-reliable Wi-Fi video networking for whole-home entertainment, announced today that The Wall Street Journal has ranked the company 36 on its top 50 list of start-ups that could become the ‘Next Big Thing.’ The third annual ranking of venture-capital backed U.S. companies was compiled by Dow Jones Venture Source from a list of more than 5,900 candidates. Qualifying companies must have received an equity round of financing in the past three years and be valued at less than $1 billion.

“We are changing the future of media distribution and real-time wireless content delivery. Only Quantenna has standards-based Wi-Fi video grade performance architecture to deliver a wired-like user experience over wireless networks in the most demanding home environments.”

According to the Wall Street Journal article, “Key criteria for ranked companies on the list include fundraising success, recent growth in the company's value and the track record of its founders and board members. The editorial staff of Dow Jones VentureWire also reviewed and ranked the start-ups based on their knowledge of the companies’ products, competition and financial performance.”

"This is a tremendous honor and validates that high-performance, reliable Wi-Fi is 'Next Big Thing' to meet the growing demand to deliver high-quality multi-screen video distribution, mobile offload and numerous other applications in connected homes where reliability and performance matters most," said Dr. Sam Heidari, CEO of Quantenna. "We are changing the future of media distribution and real-time wireless content delivery. Only Quantenna has standards-based Wi-Fi video grade performance architecture to deliver a wired-like user experience over wireless networks in the most demanding home environments."

Quantenna chipsets feature the industry’s only 4x4 MIMO (multiple-input and multiple-output) coupled with beamforming and other optional standards-based enhancements. Based on either 802.11n or 802.11ac technology, Quantenna delivers superior range and coverage, high reliably, and uncompromised HD video capable wireless quality.

To read more about Quantenna’s ranking on the 2012 "Next Big Thing" list, visit The Wall Street Journal.

About Quantenna Communications, Inc.

Quantenna Communications, Inc. is a fabless semiconductor company developing standards-based 802.11n and 802.11ac MIMO chipsets that deliver the highest levels of performance, speed and reliability for wireless networks and devices. Headquartered in Fremont, Calif., Quantenna has assembled a management and engineering team with a long track record of start-up success, and is backed by leading venture capital firms, including Sequoia Capital, Venrock, Sigma Partners, Southern Cross Venture Partners, DAG Ventures, Rusnano, Swisscom Ventures, Grazia Equity, and Telefónica Digital. For additional information, please visit www.quantenna.com.

Quantenna™, the logo, and Full-11n™ are the trademarks of Quantenna Communications and its affiliates in the United States and certain other countries. Wi-Fi® is a trademark of the Wi-Fi Alliance. Any other trademarks are the property of their respective owners.