Fundraising Fox

Cornelis Networks

Pennsylvania, US · Founded 2019 · Delaware corporation · 6 known investors

Cornelis provides high-performance networking solutions for artificial intelligence and high-performance computing applications serving enterprise, cloud service providers, supercomputing centers, government labs, and research institutions. The company offers the Omni-Path fabric platform with software libraries designed to accelerate AI model training, scientific computing, and complex simulations.

Founders & leadership

Cornelis Networks was founded in 2019 by Gunnar Gunnarsson and Philip Murphy.

GG
Gunnar GunnarssonFounder
PM
Philip MurphyFounder
LS
Lisa SpelmanMs. Spelman is the Chief Executive Officer of the Issuer.
PA
Philip A. Murphy Jr.Mr. Murphy is the President of the Issuer.
WR
Warren RogersNamed on SEC filing
VT
Vladimir TamarkinNamed on SEC filing
GK
Gunnar K. GunnarssonNamed on SEC filing

Board

AM
Alonso M. GalvanBoard director
JW
Joel WhitleyBoard directorPartner at IAG Capital Partners

Investors · 6

Reported raises · per SEC filings

Form D private placements

$226.1M disclosed across 7 rounds · 2020–2024

$112MraisedJul 2026 · 1 investors · Computers
Rule 506(b)
Officers, directors & promoters on the filing
  • Philip A. Murphy Jr.Executive Officer, Director, Promoter
  • Lisa SpelmanExecutive Officer, Director, Promoter
  • Alonso M. GalvanDirector
  • Joel WhitleyDirector
Offering amount
$245M
Amount sold
$112M
Placement agents
Lazard Freres & Co. LLC
First sale
Nov 2024
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$25MraisedMar 2024 · 1 investors · Computers
Rule 506(b)
Officers, directors & promoters on the filing
  • Alonso M. GalvanDirector
  • Gunnar K. GunnarssonExecutive Officer
  • Joel WhitleyDirector
  • Philip A. Murphy Jr.Executive Officer, Director, Promoter
  • Vladimir TamarkinExecutive Officer
Offering amount
$45M
Amount sold
$25M
Placement agents
Lazard Feres & Co. LLC
First sale
Mar 2024
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$19.3MraisedAug 2023 · 1 investors · Computers
Rule 506(b)
Officers, directors & promoters on the filing
  • Charlie WuischpardDirector
  • Alonso M. GalvanDirector
  • Vladimir TamarkinExecutive Officer
  • Gunnar K. GunnarssonExecutive Officer
  • Philip A. Murphy, Jr.Executive Officer, Director, Promoter
  • Joel WhitleyDirector
Offering amount
$45M
Amount sold
$19.3M
First sale
Aug 2023
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$5MraisedJul 2023 · 1 investors · Computers
Rule 506(b)
Officers, directors & promoters on the filing
  • Alonso M. GalvanDirector
  • Vladimir TamarkinExecutive Officer
  • Gunnar K. GunnarssonExecutive Officer
  • Joel WhitleyDirector
  • Philip A. Murphy, Jr.Executive Officer, Director, Promoter
  • Jack EadieDirector
  • Charlie WuischpardDirector
Offering amount
$5M
Amount sold
$5M
First sale
Jun 2023
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$12.5MraisedJan 2023 · 1 investors · Computers
Rule 506(b)
Officers, directors & promoters on the filing
  • Gunnar K. GunnarssonExecutive Officer
  • Vladimir TamarkinExecutive Officer
  • Charlie WuischpardDirector
  • Jack EadieDirector
  • Philip A. Murphy, Jr.Executive Officer, Director, Promoter
  • Joel WhitleyDirector
  • Alonso M. GalvanDirector
Offering amount
$15M
Amount sold
$12.5M
First sale
Dec 2022
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$29.5MraisedAug 2022 · 8 investors · Computers
Rule 506(b)
Officers, directors & promoters on the filing
  • Philip A. Murphy, Jr.Executive Officer, Director, Promoter
  • Gunnar K. GunnarssonExecutive Officer
  • Alonso M. GalvanDirector
  • Jack EadieDirector
  • Vladimir TamarkinExecutive Officer
  • Charlie WuischpardDirector
  • Joel WhitleyDirector
Offering amount
$75.9M
Amount sold
$29.5M
Sales commissions
$1.1M
First sale
Aug 2022
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$22.8MraisedOct 2020 · 5 investors · Computers
Rule 506(b)
Officers, directors & promoters on the filing
  • Warren RogersDirector
  • Philip A. Murphy Jr.Executive Officer, Director
  • Vladimir TamarkinExecutive Officer, Director
  • Gunnar K. GunnarssonExecutive Officer, Director
Offering amount
$31.3M
Amount sold
$22.8M
First sale
Sep 2020
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

Frequently asked questions

What does Cornelis Networks do?
Cornelis provides high-performance networking solutions for artificial intelligence and high-performance computing applications serving enterprise, cloud service providers, supercomputing centers, government labs, and research institutions. The company offers the Omni-Path fabric platform with software libraries designed to accelerate AI model training, scientific computing, and complex simulations.
Who founded Cornelis Networks?
Cornelis Networks was founded by Gunnar Gunnarsson, Philip Murphy in 2019.
Who are Cornelis Networks's investors?
Cornelis Networks's investors include Global Brain, IAG Capital Partners, Intel Capital, SQN Venture Partners, LLC, W11 Capital, Chestnut Street Ventures.
How much funding has Cornelis Networks raised?
Cornelis Networks has disclosed $226.1M raised across 7 rounds.
Where is Cornelis Networks headquartered?
Cornelis Networks is headquartered in Pennsylvania, US.