About Cortina Systems
Cortina Systems is a company based in Sunnyvale (United States) founded in 2001 was acquired by Inphi in July 2014.. 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. Cortina Systems operates in a competitive market with competitors including Mellanox Technologies, Innovium, Xsight Labs, ClariPhy and Netronome, among others.
- Headquarter Sunnyvale, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Cortina Network Systems Private Limited
- Date of Incorporation 05 Sep, 2003
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$12.27 K (USD)-44.95as on Mar 31, 2022
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Net Profit
$-268.4 K (USD)-20021.58as on Mar 31, 2022
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EBITDA
$-14.99 K (USD)15.92as on Mar 31, 2022
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Total Equity Funding
$182 M (USD)
in 3 rounds
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Latest Funding Round
$132 M (USD), Series D
Sep 11, 2006
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Investors
Inphi
& 13 more
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Employee Count
Employee Count
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Investments & Acquisitions
Azanda
& 1 more
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Acquired by
Inphi
(Jul 30, 2014)
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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 Total Funding
- Total Rounds 3
- Last Round Series D — $132.0M
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First Round
First Round
(11 Apr 2004)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2006 | Amount | Series D - Cortina Systems | Valuation | IVP | |
| Aug, 2005 | Amount | Series C - Cortina Systems | Valuation |
investors |
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| Apr, 2004 | Amount | Series B - Cortina Systems | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Growth in technology companies is supported through venture capital.
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Founded Year | Domain | Location | |
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Canaan is recognized as an early-stage venture capital firm.
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Founded Year | Domain | Location | |
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Venture capital and private equity investment firm
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
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. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Manufacturer & supplier of semiconductors, ICs, networking, and electronic applications
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2002 | ||||
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Blog focusing on real estate, insulation, etc.
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2000 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Cortina Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cortina Systems Comparisons
Competitors of Cortina Systems
Cortina Systems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Mellanox Technologies, Innovium, Xsight Labs, ClariPhy and Netronome, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of Ethernet and InfiniBand interconnect solutions for servers and storage
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| domain | founded_year | HQ Location |
Semiconductor solutions for data center networking challenges are developed.
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| domain | founded_year | HQ Location |
Provider of data center switches for Ethernet connectivity
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| domain | founded_year | HQ Location |
ICs for high-speed communications are designed and marketed.
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| domain | founded_year | HQ Location |
Data interface solutions for Ethernet connections are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Cortina Systems
When was Cortina Systems founded?
Cortina Systems was founded in 2001 and raised its 1st funding round 3 years after it was founded.
Where is Cortina Systems located?
Cortina Systems is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California, United States.
Is Cortina Systems a funded company?
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 11, 2004.
What is the annual revenue of Cortina Systems?
Annual revenue of Cortina Systems is $12.27K as on Mar 31, 2022.
What does Cortina Systems do?
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.
Who are the top competitors of Cortina Systems?
Cortina Systems's top competitors include Xsight Labs, Innovium and Mellanox Technologies.
How many acquisitions has Cortina Systems made?
Cortina Systems has made 2 acquisitions, including Azanda, and Storm Semiconductor.
Who are Cortina Systems's investors?
Cortina Systems has 14 investors. Key investors include Inphi, Icon Ventures, Canaan, IVP, and Morgenthaler.