Eridu's $200M Series A: Why a Networking Startup Is Redesigning AI Data Center Switches from Scratch
Eridu, an AI networking startup founded by serial entrepreneur Drew Perkins, emerged from stealth on March 10, 2026 with an oversubscribed $200 million Series A to build clean-sheet network switches with custom silicon designed from the ground up for AI data centers. The company argues that existing networking hardware — from Broadcom, Nvidia, Cisco, and Marvell — is hitting an architectural ceiling that incremental improvements can’t fix, and that connecting millions of GPUs requires a fundamentally different approach to switch design. ...