About Cortina Systems
Cortina Systems is a Technology company based in Sunnyvale (United States) founded in 2001, and was acquired by Inphi in July 2014. It operates as a high-speed optical interconnects for network infrastructure are developed. Cortina Systems has raised $182 million across 3 funding rounds from investors including Inphi, Icon Ventures and Canaan. Cortina Systems has completed 2 acquisitions, including Azanda and Storm Semiconductor. Its Indian entity Cortina Network Systems Private Limited reported revenue of ₹10.1 Lakh. Its focus areas include Semiconductors, Analog and Mixed Signal ICs, Communication ICs and Data Interface. Its competitors include Mellanox Technologies, Innovium, Xsight Labs, ClariPhy and Netronome and 3 more; 8 of its 8 listed competitors have raised funding.
Company details
Cortina Systems was founded in 2001 as a fabless provider of integrated circuits based in Sunnyvale, California, United States. Semiconductor devices for optical transport and high-speed networking interconnects are offered, spanning 1G to 100G Ethernet and OTN standards. Acquisitions of Immenstar, Storm Semiconductor, and Azanda Network Devices were completed. The company was acquired by Inphi Corporation in 2014 for 126 million.
- Headquarters Sunnyvale, United States
- SectorsTechnology
- Website cortina-systems.com
- Social LinkedIn
- Acquired by Inphi (Jul 2014)
- Legal Name Cortina Network Systems Private Limited
- Date of Incorporation 05 Sep, 2003
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹10.1 Lakh
FY 2022 · -45% YoY
- Net Loss-₹2.22 Cr
FY 2022 · -2188% margin
- EBITDA-₹2.9 Lakh
FY 2022 · -29% margin
- Total Equity Funding$182M (USD)
in 3 rounds
- Latest Funding Round$132M (USD), Series D
Sep 2006
- InvestorsInphi
& 13 more
- Investments & AcquisitionsAzanda
& 1 more
- Acquired byInphi
(Jul 2014)
Associated legal entities of Cortina Systems
Cortina Systems operates through Cortina Network Systems Private Limited (dissolved under section 59(8)). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Cortina Network Systems Private Limited CIN U72200KA2003PTC032504 | Dissolved Under Section 59(8) | 05 Sep 2003 | Bangalore, Karnataka | ₹0.1 Cr | – | 3 | View details |
Funding Insights of Cortina Systems
Cortina Systems has successfully raised a total of $182M across 3 strategic funding rounds. The most recent funding activity was a Series D round of $132 million completed in September 2006. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $182M
- Total Rounds 3
- Last Round Series D — $132M
- First Round $20M
(Apr 2004)
- Investors Count 13
All 3 funding rounds of Cortina Systems with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2006 | $132M | Series D | – | IVP | |
| Aug 2005 | $30M | Series C | – | – | |
| Apr 2004 | $20M | Series B | – | – |
14 investors in total: 14 institutional.
Investors in Cortina Systems
Cortina Systems has secured backing from 14 investors, including venture fund and institutional investors. Prominent investors backing the company include Inphi, Icon Ventures and Canaan.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Growth in technology companies is supported through venture capital. | – | ivp.com | Menlo Park, United States | |
Canaan is recognized as an early-stage venture capital firm. | 1987 | canaan.com | San Francisco, United States | |
Venture capital and private equity investment firm | – | morgenthaler.com | Portola Valley, United States | |
Early stage venture capital firm investing in the US | – | alloyventures.com | Palo Alto, United States | |
Early & Late stage Tech-focused VC investment company funding companies in the US & Canada | – | bridgescale.com | Menlo Park, United States | |
Tech-focused seed, early, and mid-stage VC investments are made globally. | – | dcm.com | Menlo Park, United States | |
Biotech funding, drug development support, and investment in life sciences. | – | sofinnova.com | - | |
Early-stage US investments in tech and offline sectors are targeted. | – | eldorado.com | Menlo Park, United States | |
Redpoint Ventures is engaged in venture capital investments. | – | redpoint.com | Woodside, United States | |
Seed and early stage venture fund investing in North America and Canada | – | kodiakvp.com | Waltham, United States |
Investor details for Cortina Systems
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Cortina Network Systems Private Limited (Cortina Systems)
Cortina Network Systems Private Limited is the primary company behind Cortina Systems. The board of Cortina Network Systems Private Limited currently have 3 directors; the longest-serving is Navin Bishnoi, appointed in 2022. 15 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Navin Bishnoi DIN 09633464 | Director | 22 Jun 2022 | 4 yrs 3 mo | Cortina Network Systems Private Limited |
| Bharathi Kanuj DIN 09794938 | Additional Director | 29 Nov 2022 | 3 yrs 10 mo | Cortina Network Systems Private Limited |
| Thirupal Gorige DIN 07929986 | IRP/RP/Liquidator | 12 Apr 2023 | 3 yrs 6 mo | Cortina Network Systems Private Limited |
Financials of Cortina Systems
Figures of Cortina Network Systems Private Limited, the primary company behind Cortina Systems, for FY 2022. Revenue was ₹10.1 Lakh (-45% year on year). Net loss was -₹2.22 Cr (-2188% margin). EBITDA was -₹2.9 Lakh (-29% margin). Revenue has grown at a compounded annual rate of -34% over three years and -25% over five years.
- ₹10.1 LakhRevenue · FY 2022 · -45% YoY
- -₹2.22 CrNet loss · -2188% margin
- -₹2.9 LakhEBITDA · -29% margin
- ₹5 LakhPaid-up capital
- -34%Revenue CAGR, 3 years
- -25%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Cortina Network Systems Private Limited are on its company page.
Detailed financial statements for Cortina Systems
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Cortina Systems
Cortina Systems has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Azanda and Storm Semiconductor.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Manufacturer & supplier of semiconductors, ICs, networking, and electronic applications | stormsemi.com | Mountain View, United States | 2002 | Jun 2008 | •••• | |
Blog focusing on real estate, insulation, etc. | azanda.com | Texas, United States | 2000 | Feb 2005 | •••• |
Complete acquisition details for Cortina Systems
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
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- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Cortina Systems
6 dated milestones of Cortina Systems across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Cortina Systems is founded.
- Funding First funding round of $20.0M.
- Acquisition Acquires Azanda.
- Funding Latest funding round, Series D, of $132.0M.
- Acquisition Acquires Storm Semiconductor.
- Exit Acquired by Inphi.
Competitors of Cortina Systems
Cortina Systems has 8 listed competitors in our database, 8 of them funded. They include Mellanox Technologies, Innovium, Xsight Labs, ClariPhy and Netronome, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mellanox.com | 1999 | Sunnyvale, United States | $97.7M | 316 | Provider of Ethernet and InfiniBand interconnect solutions for servers and storage | |
| innovium.com | 2014 | San Jose, United States | $335.3M | 75 | Semiconductor solutions for data center networking challenges are developed. | |
| xsightlabs.com | 2017 | Kiryat Gat, Israel | $80M | 15 | Provider of data center switches for Ethernet connectivity | |
| clariphy.com | 2002 | Irvine, United States | $117.41M | 91 | ICs for high-speed communications are designed and marketed. | |
| netronome.com | 2003 | Santa Clara, United States | $71.59M | 70 | Data interface solutions for Ethernet connections are provided. | |
| xelerated.com | 2000 | Santa Clara, United States | $87.5M | 1 | ASSP-based carrier Ethernet chipsets and NPUs were developed. | |
| powerdsine.com | 1994 | Hod Hasharon, Israel | $64M | – | Power over LAN and solutions for IP Telephony | |
| aeluros.com | 2001 | Mountain View, United States | $10M | – | Integrated circuits for high-speed Ethernet communication are provided. |
Detailed competitors of Cortina Systems
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Cortina Systems
Websites that share an audience with Cortina Systems (cortina-systems.com).
Websites whose visitors overlap most with Cortina Systems. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
en.wikipedia.org | en.wikipedia.org | 100% | – | – | – |
| broadcom.com | 96% | 5.4M | #7,278 | View details | |
cortinaco.com | cortinaco.com | 85% | – | #3,293,227 | – |
| apm.com | 78% | – | – | View details | |
| avagotech.com | 75% | – | – | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for Cortina Systems
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 6 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Semiconductors & ICs
10 companies that operate in the same segment as Cortina Systems (Semiconductors & ICs), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-based system-on-chips are developed for advanced driver assistance systems. | 1999 | Jerusalem, Jerusalem District, Israel | USD 530 M | USD 1.89 B | 3,900 | |
Provider of cloud and AI-based cellular communication ICs | 1985 | San Diego, California, United States | – | USD 44.28 B | 49,000 | |
Full-stack quantum computing solutions using superconducting qubits are developed. | 2013 | Berkeley, California, United States | USD 195.62 M | USD 7.09 M | 140 | |
AI-powered graphical processing units and SoCs | 1993 | Santa Clara, California, United States | USD 5 M | USD 130.5 B | 36,000 | |
High-performance CPUs and GPUs are developed for computing applications. | 1969 | Santa Clara, California, United States | – | USD 25.79 B | 28,000 | |
Diverse semiconductor manufacturers | 1987 | Geneve, Geneve, Switzerland | – | USD 12.29 B | 49,600 | |
Internet first brand offering analog, mixed-signal, and audio DSP integrated circuits | 1984 | Austin, Texas, United States | – | USD 2 B | 1,660 | |
GaN-based power management ICs are manufactured for electronic devices. | 2014 | Dublin, Ireland | USD 49.6 M | USD 83.3 M | 280 | |
Semiconductor ICs and microprocessors are designed and manufactured. | 1968 | Santa Clara, California, United States | – | USD 52.85 B | 108,900 | |
CMOS-based image sensors are developed for autonomous vision applications. | 2017 | Israel | USD 96 M | – | – |
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Frequently Asked Questions about Cortina Systems
Cortina Systems was founded in 2001 and raised its 1st funding round 3 years after it was founded.
Cortina Systems is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California, United States.
Cortina Systems is a funded company, having raised a total of $182M across 3 funding rounds to date. The company's 1st funding round was a Series B of $20M, raised on Apr 2004.
The primary company behind Cortina Systems, Cortina Network Systems Private Limited, reported revenue of ₹10.1 Lakh for FY 2022, down 45% year on year.
Cortina Systems was founded in 2001 as a fabless provider of integrated circuits based in Sunnyvale, California, United States. Semiconductor devices for optical transport and high-speed networking interconnects are offered, spanning 1G to 100G Ethernet and OTN standards. Acquisitions of Immenstar, Storm Semiconductor, and Azanda Network Devices were completed. The company was acquired by Inphi Corporation in 2014 for 126 million.
Cortina Systems's top competitors include Xsight Labs, Innovium and Mellanox Technologies.
Cortina Systems has made 2 acquisitions, including Azanda, and Storm Semiconductor.
Cortina Systems has 14 investors. Key investors include Inphi, Icon Ventures, Canaan, IVP, and Morgenthaler.
Cortina Systems operates through Cortina Network Systems Private Limited.
Yes. Cortina Systems was acquired by Inphi in July 2014.
The legal entities of Cortina Systems currently have 3 directors, including Bharathi Kanuj, Navin Bishnoi, Thirupal Gorige.