Quantenna Recognized as One of the Hottest Technology Startups; Wins Red Herring Top 100 and Tie50 Awards

Awards Validate Quantenna’s Wi-Fi Leadership and Mission of Redefining Wireless Performance and Quality

FREMONT, Calif. – May 30, 2013 -- Quantenna Communications, Inc., the leader in ultra-reliable Wi-Fi networking for whole-home entertainment, announced today that the company and its breakthrough Wi-Fi technology have won both the Red Herring Top 100 Award for North America and the 2013 TiE50 global Award for technology startups.

Chosen from thousands of innovative and prominent technology companies, Quantenna is redefining wireless performance and quality with its 802.11ac and 802.11n Wi-Fi standards-based chipsets. The company continues to pioneer 4x4 MIMO and beamforming technology and recently introduced the world’s fastest 802.11ac chipset – the QSR1000 family. The only Wave 2 802.11ac chipset, Quantenna’s 1.7Gbps QSR1000 solution transmits faster, reaches farther and serves more devices more reliably than any other Wi-Fi solution ever created.

“I am honored and proud for the whole team that Quantenna has been selected for these two distinguished awards,” said Dr. Sam Heidari, CEO of Quantenna. “Quantenna Wi-Fi is increasingly the solution of choice with service providers and consumer electronics manufacturers where applications like wireless HDTV streaming need to work flawlessly. These independent assessments of Quantenna from both business and technical perspectives validate our innovative solutions that have set a new bar for Wi-Fi connectivity, generations ahead of any other available solution.”

The QSR1000 family also provides the industry-first 4x4 architecture with multi-user MIMO (MU-MIMO) technology, dynamic-digital beamforming and support for four spatial streams to deliver unsurpassed performance, range, reliability and coverage. Equally at home in access points, set-top boxes and consumer electronics, its chipsets are ideally suited to multimedia applications that demand wire-like quality. With almost 2Gbps total throughput, it streams flawless, carrier-grade IPTV to multiple devices in full 1080p or 4K Ultra HD resolution, easily reaching through concrete walls and into every corner of multistory homes. Quantenna’s 4x4 solutions are fully industry-standard compliant and work with all third-party clients and consumer devices.

The annual Red Herring Top 100 North America Awards is one of the most acclaimed distinctions in the technology industry. Winners are selected from over one thousand candidates in each region.  Each company is individually evaluated against 20 different criteria including technological innovation, management strength, market size, investor record, customer acquisition and financial health.  The winners are literally a who's who list of the best performing tech companies of the year. Further information on the selection process can be found here: http://www.redherring.com/top-100/.

TiE50 is TiE's annual awards program recognizing the hottest tech startups for 2013. The annual award recognizes 50 best-of-breed companies selected among 1,142 companies from 24 countries across five technology sectors: Internet, Life Sciences, Energy, Mobile and Software. For more information on the program and winners, please visit http://www.tie50.net/TiE50Awards/TiE50_Winners_2013.asp.

About Quantenna Communications, Inc.

Named to the Wall Street Journal’s “Next Big Thing” list, Quantenna is a leading developer of 802.11ac and 802.11n MIMO silicon that delivers the highest levels of performance, speed and reliability for wireless networks and devices. Headquartered in Fremont, California, Quantenna has assembled a management and engineering team with a long track record of start-up success, and is backed by some of Silicon Valley’s most esteemed venture capital firms, including Sequoia Capital, RUSNANO, Venrock, Sigma Partners, Southern Cross Venture Partners, DAG Ventures, Swisscom Ventures, Grazia Equity, Bright Capital, and Telefónica Digital. For additional information, please visit www.quantenna.com.


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