Upscale AI Expands Leadership Team, Accelerating its Vision to Redefine AI Networking

New hires will help drive Upscale AI’s continued growth and momentum

Santa Clara, Calif. – April 23, 2026 – Upscale AI, Inc., a category-defining pure-play AI networking infrastructure company, announced a significant expansion of its leadership team to scale the company and execute on its roadmap. Now a unicorn with $300 million in funding, Upscale AI appointed Puneet Agarwal as CTO, Jason Ledgerwood as SVP of Systems Engineering & Operations, Sharada Yeluri as VP, ASIC, and Mohsen Moazami as Senior Advisor.

“Upscale AI has assembled a world-class leadership team to bring breakthrough products to market and fuel our next phase of growth,” said Barun Kar, CEO of Upscale AI. “Together, we are building the future of AI networking infrastructure.”

Agarwal is best known for co-founding Innovium with Rajiv Khemani, Executive Chairman of Upscale AI, and serving as Innovium’s CTO before it was acquired by Marvell in 2021. He then served as Vice President and CTO of Data Center at Marvell until 2024. Prior to Innovium and Marvell, he spent a decade at Broadcom working on the Tomahawk business.

Ledgerwood brings more than 25 years of experience building and scaling procurement, manufacturing, and operations at leading technology companies. Prior to Upscale AI, he held senior positions at Cisco, Brocade, Flex, and Palo Alto Networks.

Yeluri most recently served as Associate VP of Engineering for Scale-up Fabrics at Astera Labs, leading rack-scale AI interconnect initiatives. Prior to that, she was Senior Director of Engineering at Juniper Networks. She is an avid technology blogger and is well-respected across the industry for her technical leadership and contributions.

Moazami adds more than three decades of leadership experience spanning Silicon Valley and international markets. He currently serves as Vice Chairman of DDN, was a member of the Office of the CEO and President of International at Groq, and spent more than a decade in leadership positions at Cisco.

Together, these appointments position Upscale AI to accelerate innovation and execution across next-generation AI and networking infrastructure.

About Upscale AI

Upscale AI is a category-defining pure-play Al networking infrastructure company enabling heterogeneous compute through open-standard, full-stack, turnkey solutions. Its portfolio of silicon, systems, and software is purpose-built for ultra-low-latency networking, enabling breakthrough performance and scalability across Al training, inference, generative Al, edge computing, and cloud-scale deployments.

For more information, visit upscaleai.com.

Media Contact: upscaleai@racepointglobal.com