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Etched

Designs chips and servers for running AI models

Network Security Engineer

Full-Time
$175k - $350k/yr+ $500/month medical-benefit waiver credit + $2,500/month housing subsidy
Mid
San Jose, CA, USA
In PersonRelocation support is available for those moving to San Jose; the team works fully in-person.
CybersecuritySecurity Engineering & Architecture

About the job

Requirements
  • Bring deep, broad networking expertise, including low-level packet analysis, firewall log forensics, BGP configuration, multi-cloud networking, and CASB/SASE integration across a diverse SaaS landscape.
  • Have hands-on experience with the Fortinet ecosystem, including firewalls, FortiSASE, FortiAPs, and switches, and be comfortable with Arista switch platforms, including configuration, EOS automation, and integration into a broader security architecture.
  • Write code and automation for security, version-control configurations, and develop intent-driven network automation rather than relying on point-and-click tooling.
  • Have experience securing high-value compute environments such as datacenters, HPC clusters, semiconductor design environments, or similar settings.
  • Have deployed and integrated EDR/XDR, MDM/MAM, SASE, and CASB tooling and understand how to combine them into a unified DLP and access-control framework spanning endpoints, cloud, and the network.
  • Have built or operated ZTNA-based access models and understand how to enforce consistent security posture across on-site, remote, and traveling users without degrading the experience for engineers.
  • Be able to independently scope projects, identify appropriate tooling, and drive projects to completion with minimal oversight.
  • Have strong Linux fundamentals and understand how OS-level networking, including iptables/nftables, network namespaces, and eBPF, interacts with physical and virtual network security controls.
  • Have built or operated network security monitoring at scale and be able to architect a detection pipeline that distinguishes actionable alerts from noise.
  • Be able to communicate risk to technical peers and non-technical leadership and translate security requirements into actionable infrastructure changes.
Responsibilities
  • Design and implement a zero-trust network architecture across on-prem datacenters, multiple office locations, and multi-cloud platforms, including secure remote access that eliminates VPN sprawl while preserving engineer usability and speed.
  • Define and enforce network segmentation policies that isolate sensitive ASIC development workflows from general infrastructure, customer access, validation labs, and manufacturing infrastructure.
  • Deploy, tune, and operate NDR, IDS/IPS, and next-generation firewalls across physical and virtual network infrastructure; build automation to continuously assess and enforce firewall rules, ACLs, and routing policies as code.
  • Integrate and operate EDR/XDR, MDM/MAM, SASE, and CASB tooling with end-user and IT teams; enforce unified DLP policies and device-compliance posture across endpoint, cloud, and network control planes to reduce data-exfiltration risk.
  • Own vulnerability management for network-layer exposure, including scanning, prioritization, and remediation tracking with infrastructure engineers.
  • Lead incident response for network-layer security events, including detection, containment, root-cause analysis, and post-incident hardening.
  • Partner with legal, compliance, and leadership to support regulatory requirements and customer security reviews as they arise.
  • Architect and deploy network segmentation for HPC clusters, isolating EDA tool traffic, ASIC simulation workloads, and CI pipelines from each other and from the corporate network.
  • Architect and deploy a ZTNA-based corporate network that eliminates VPN sprawl, maintains end-user device security posture, and provides access to sensitive development environments for on-site, remote, or traveling engineers using continuous identity and device-health verification.
  • Design and implement a scalable NDR pipeline that ingests flow data across bare-metal switches and cloud VPCs, feeds a centralized SIEM, and generates actionable alerts with low false-positive rates.
  • Develop runbooks and automated playbooks for likely incident scenarios, including credential compromise, lateral movement, and exfiltration from IP-sensitive environments.
  • Integrate EDR/XDR telemetry with SASE enforcement and CASB inline controls to build a unified DLP detection and response pipeline across endpoints, cloud SaaS, and the corporate network.
  • Partner with end-user and IT teams to roll out MDM/MAM policies that containerize sensitive IP on engineer devices and enforce compliance-based conditional access across managed and unmanaged environments.
Desired Qualifications
  • Experience with EDA environments or semiconductor IP security.
  • Familiarity with cloud-native network security controls on AWS, GCP, or Azure, including security groups, VPC flow logs, cloud firewalls, and CSPM.
  • Background in or exposure to NIST, SOC 2, or ISO 27001 frameworks.
  • Experience with eBPF-based network observability and security tooling.

About the company

Etched designs AI chips and the server racks built around them for AI companies and cloud providers, focusing only on inference, the work of running trained models to answer requests. In 2024, it unveiled a chip hard-wired to run only transformers, the type of AI model behind ChatGPT, after betting at its founding that they would dominate AI. Etched develops its chips, racks, and software together, and each rack links many chips through a shared pool of fast memory so very large models with long inputs can answer quickly. It earns money by selling these complete systems rather than individual chips. Etched was founded in 2022 and is based in San Jose, California.

Company Size

201-500

Company Stage

Series D

Total Funding

$1.6B

Headquarters

San Jose, California

Founded

2022

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Simplify's Take

What believers are saying

  • Equity is gaining value: Etched's valuation jumped from $5 billion in December 2025 to $21 billion in August 2026.
  • Room to grow: Etched's 110 open roles in October 2026 equal over a quarter of its roughly 400-person staff.
  • Colleagues include chip veterans: about 15% of Etched's employees came from Nvidia, the biggest maker of AI chips.

What critics are saying

  • A rival is further along: chipmaker Cerebras had $510 million in 2025 sales before its $5.5 billion May 2026 IPO.
  • Delivery has barely begun: Etched announced its first rack shipment in August 2026 against over $1 billion in orders.
  • Expect to be on-site: 93% of Etched's October 2026 job posts describe a fully in-person team.

What makes Etched unique

  • Its chips run on less power: Etched runs chip math at under half the voltage of most AI chips.
  • It runs its own production: Etched opened a Taiwan factory and an 80,000-square-foot facility near its San Jose base.
  • Trading firms back it: Jane Street, Hudson River Trading and Two Sigma invested, and Jane Street is its first customer.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Unlimited Paid Time Off
  • Flexible Work Hours
  • Remote Work Options
  • Paid Vacation
  • Paid Sick Leave
  • Paid Holidays
  • Hybrid Work Options
  • Stock Options
  • Company Equity

Growth & Insights and Company News

Headcount

6 month growth

4%

1 year growth

0%

2 year growth

10%
TechCrunch
Oct 5th, 2026
Etched fields funding offers at $40B+ valuation, sources say | TechCrunch

Just a couple of months after its last big raise, the AI chip startup is already being plied with investment offers at double or more its current value, sources tell TechCrunch.

Fundable
Aug 24th, 2026
Top funding rounds week of August 17th.

Top funding rounds week of August 17th. Spacecom and Poolside each raised $1B this past week as investors bet big on AI infrastructure and satellite internet. See the full breakdown here. Published August 24, 2026 by Jacob Klionsky * 01 Spacecom Hardware - Manufacturing - Tel Aviv $1BEquity Spacecom (Shanghai Spacecom Satellite Technology Ltd.), a satellite internet company, raised nearly 7 billion yuan in a new funding round at an about 50.1 billion yuan valuation led by a consortium of 24 investors linked to the second phase of the China State-owned Enterprise Structural Adjustment Fund (managed by China Chengtong Holdings Group) with participation from existing shareholders including Shanghai Alliance Investment Ltd. * 02 Poolside Artificial Intelligence (AI) - Data and Analytics - California $1BEquity Poolside, an AI startup developing a Model Factory platform, raised a $1 billion strategic investment from Nvidia at a $12 billion valuation. * 03 Castelion Government and Military - Information Technology - California $800MSeries C Castelion, a defense technology company, raised $1 billion Series C at a $13 billion valuation co-led by JPMorganChase's Strategic Investment Group, Andreessen Horowitz, and funds managed by Carlyle, with participation from Lightspeed Venture Partners, Lavrock Ventures, Altimeter, General Catalyst, Interlagos, and T. Rowe Price Associates. * 04 Etched.ai Artificial Intelligence (AI) - Consumer Electronics - California $700MEquity Etched.ai, an AI hardware startup, raised $700 million in a financing at a $21 billion valuation led by Jane Street, with participation from Kleiner Perkins, Sequoia Capital, Andreessen Horowitz, Peter Thiel, Tiger Global, Bain Capital Ventures, Neo, Stripes, Primary, Positive Sum, Diffusion, Argo, and Blackstone. * 05 Higgsfield Artificial Intelligence (AI) - Content and Publishing - California $400MSeries B Higgsfield, an AI-native multimedia content creation platform, raised $400 million in a Series B at a $5.4 billion valuation led by DST Global with participation from Tribe Capital, Growth Equity at Goldman Sachs Alternatives, Smash Capital, Fifth Wall, Valor Capital, Intel Capital, Liberty Global Tech Ventures, Mirae Asset Capital, and NTT DOCOMO Ventures, and existing investors including Accel, Menlo Ventures, AI Capital Partners, GFT Ventures, Capra Ventures, BAM Corner Point and BroadLight Capital. * 06 ALEX Administrative Services - Artificial Intelligence (AI) - California $400MEquity ALEX, a startup, raised $400 million in funding. * 07 Groq Artificial Intelligence (AI) - Consumer Electronics - California $350MSeries A Groq, an AI inference chip and cloud company, raised $350M Series A at a $3.5B valuation led by Disruptive with Nvidia expected to participate * 08 Wispr AI Artificial Intelligence (AI) - Data and Analytics - California $280MSeries B Wispr AI, an AI dictation startup, raised $280M in a Series B at a $2B valuation led by Menlo Ventures with participation from Notable Capital, NEA, Neo Ventures, 8VC, MVP Ventures, Acrew, Forerunner, Goodwater, Peak XV, Together Fund, and PLUS Capital. * 09 Muon Space Information Technology - Science and Engineering - California $250MSeries C Muon Space, the Mission Foundry for high-performance satellite constellations, raised $250 million in a Series C led by Eclipse Capital with participation from Galvanize, Google, Salesforce Ventures, Wellington Management, I Squared Capital, and Woven Capital. * 10 Starcloud (Lumen Orbit) Artificial Intelligence (AI) - Hardware - Washington $250MSeries A Extension Starcloud (Lumen Orbit), an orbital data center and in-orbit AI inference startup, raised a $250 million extension to its Series A at a $2.3 billion valuation led by Manhattan West Ventures with participation from Nvidia, Cisco, Benchmark, EQT, Soma, NFX, 776, Cedar Capital, Goanna Capital, and Standard Capital. * 11 Slate Medicines Biotechnology - Health Care - North Carolina $245MEquity Slate Medicines, a neuroscience/biotech company developing next-generation migraine antibodies, raised $245M via a reverse merger with Fulcrum Therapeutics and a concurrent private placement led by Frazier Life Sciences with support from Forbion, RA Capital Management, and Foresite Capital * 12 Serve Robotics Artificial Intelligence (AI) - Data and Analytics - California $200MEquity Serve Robotics, an autonomous sidewalk delivery robotics company, raised $200 million, with round type, valuation and investors undisclosed. * 13 Gravis Robotics Artificial Intelligence (AI) - Data and Analytics - Zurich $200MSeries A Gravis Robotics, Swiss construction robotics startup, raised $200M Series A led solely by SoftBank * 14 Ingenico Commerce and Shopping - Financial Services - Ile-de-France $173.8MEquity Ingenico, a payment acceptance company, secured a €150M investment led by PIMCO. * 15 Also Manufacturing - Transportation - California $150MSeries D Also, a micromobility startup spun out of Rivian, raised $150 million in a Series D led by Prysm Capital with participation from Eclipse, Greenoaks, and MVP Ventures * 16 Erco Energía Energy - Natural Resources - Antioquia $129MSeries C Erco Energía, a Colombian solar energy platform, raised $129M in a Series C equity round co-led by Axon Partners Group (via Next Utility Ventures) alongside Augment Infrastructure and Norfund * 17 Cityblock Health Community and Lifestyle - Health Care - New York $116MSeries E Cityblock Health, an outcomes-based provider platform, raised $116M in a Series E financing led by General Catalyst. * 18 Matic Artificial Intelligence (AI) - Data and Analytics - California $115MEquity Matic, a home robotics company, raised $115 million from investors including Mayfield, NFX, True Ventures, Nat Friedman, Andreessen Horowitz, BoxGroup, Stripe, SV Angel, Liquid 2 Ventures, Abstract Ventures and Playground Global * 19 Velaura AI Artificial Intelligence (AI) - Blockchain and Cryptocurrency - California $110MSeries A Velaura AI, a semiconductor company commercializing ultra-low-power computing for AI, raised $110 million in a Series A at a valuation exceeding $1 billion led by Seligman Ventures with participation from Capricorn Investment Group, Prosperity7 Ventures, Mayfield, Maverick Silicon, MARA, Premji Invest, Samsung Catalyst Fund and StepStone Group. * 20 Callosum Artificial Intelligence (AI) - Data and Analytics - England $100MSeed Callosum, a UK AI infrastructure startup, raised $100 million in a seed round led by Atomico with participation from Plural, DCVC, Sovereign AI and angel investors.

Yahoo Finance
Aug 19th, 2026
Harvard dropouts' chip startup Etched raises $2B, valued at $21B as Burry calls it 'serious competition' for Nvidia

Investor Michael Burry has identified chip startup Etched as serious competition for Nvidia. The company, founded in 2022 by three 24-year-old Harvard dropouts, recently raised $700 million in a funding round led by Jane Street, valuing it at $21 billion. Etched has now raised nearly $2 billion total. The startup focuses on AI inference chips and claims it took just 44 days to run inference workloads after receiving test chips from Taiwan Semiconductor Manufacturing, a process typically taking six months or more. Roughly 15% of Etched's 400 employees previously worked at Nvidia, including 23-year veteran Brian Loiler. Burry, known for his bearish stance on Nvidia, highlighted Etched's rapid development in a post on X, citing a Wall Street Journal report on the startup's progress.

The Wall Street Journal
Aug 18th, 2026
Exclusive | A $21 Billion ‘Kids in Chips’ Startup Is Scooping Up Nvidia Talent

Etched, founded by Harvard dropouts, has its own in-office data center and has signed quant-trading firm Jane Street as its first customer.

Sequoia Capital
Jul 23rd, 2026
Etched raises $300M at $10B valuation to ship AI inference chips in 2026

Etched, a hardware startup founded by Harvard students in 2022, has raised $300 million in a Series C round at a $10 billion pre-money valuation. Primary Venture Partners led the investment, with participation from Jane Street, Andreessen Horowitz, Diffusion, and SK Hynix. The company builds inference-specific chips and cluster-scale systems for AI models. Etched earlier this year taped out its first generation chip at TSMC, becoming the first post-ChatGPT-era company with a successful full-reticle A0 chip tape-out on TSMC's leading-edge nodes. The company's technology focuses on improving throughput and latency through innovations including low voltage inference and cluster-scale memory. Etched plans to begin shipping its products in 2026, with early customers already testing the system.