About Flex Logix
Flex Logix is a Technology company based in Mountain View (United States) founded in 2014 by Dejan Markovic, and was acquired by Analog Devices in November 2024. Provider of a reconfigurable computing company that provides embedded FPGA (eFPGA) IP, architecture, and software to enable flexible and efficient computing solutions for a wide range of industries. Flex Logix has raised $68.07 million across 4 funding rounds from investors including Analog Devices, Mithril and Lux Capital. The company has 32 employees. Its focus areas include Semiconductors, Electronic Design Automation Tools, IP Cores and Integrated Circuits. Its legal entity is FLEX LOGIX TECHNOLOGIES, INC. Its competitors include Achronix, Cerebras and Celestial AI; 3 of its 3 listed competitors have raised funding.
Company details
Flex Logix was founded in 2014 and is headquartered in Mountain View, United States. Operations focus on the reconfigurable computing sector within semiconductors. EFLX embedded FPGA technology is offered to SoC designers, allowing FPGAs to be integrated into complex chip designs. IP, architecture, and software solutions are provided to support AI applications and serve as alternatives to conventional FPGA approaches across various industries.
- Headquarters Mountain View, United States
- Employees 32
- Founders Dejan Markovic
- Stage Acquired
- SectorsTechnology
- Website flex-logix.com
- Social X
- Acquired by Analog Devices (Nov 2024)
- Legal Name Flex Logix Technologies, Inc.
- Total Equity Funding$68.07M (USD)
in 4 rounds
- Latest Funding Round$55M (USD), Series D
Mar 2021
- InvestorsAnalog Devices
& 3 more
- Employee Count32
- Acquired byAnalog Devices
(Nov 2024)
Funding Insights of Flex Logix
Flex Logix has successfully raised a total of $68.07M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $55 million completed in March 2021. 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 $68.07M
- Total Rounds 4
- Last Round Series D — $55M
- First Round $600,822
(May 2014)
- Investors Count 3
All 4 funding rounds of Flex Logix 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 |
|---|---|---|---|---|---|
| Mar 2021 | $55M | Series D | – | Mithril | |
| May 2017 | $5M | Series B | – | Lux Capital, Eclipse | – |
| Oct 2015 | $7.47M | Series A | – | Eclipse | |
| May 2014 | $600,822 | Series A | – | Lux Capital | – |
4 investors in total: 4 institutional.
Investors in Flex Logix
Flex Logix has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Analog Devices, Mithril and Lux Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are made in the UK and US. | mithril.com | Austin, United States | ||
Seed and early-stage technology companies are funded by Lux Capital. | luxcapital.com | Menlo Park, United States | ||
Early-stage investments are made by Eclipse across multiple sectors. | eclipse.vc | Palo Alto, United States | ||
Analog, mixed-signal, and digital signal processing ICs are manufactured. | 1965 | analog.com | Wilmington, United States |
Investor details for Flex Logix
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People of Flex Logix
13 people are tracked at Flex Logix (6 in leadership, 2 in board & advisors, 5 in team); the tracked headcount is 32.
| Name | Role | Group |
|---|---|---|
Dejan Markovic | Co-Founder | Leadership |
Charlie Roth | VP of Hardware & Softlogic | Leadership |
Geoff Tate | CEO & Co-Founder | Leadership |
Tony Kozaczuk | Director Solutions Architecture | Leadership |
Juliet Morita | VP, Finance | Leadership |
Dejan Markovic, IEEE, AIMBE Fellow | Co-Founder and Technical Advisor | Leadership |
Peter Hébert | Board Member | Board & advisors |
Ajay Royan | Board Member | Board & advisors |
Avichal Karia | Logic Design Engineer (AI inference Engine) - ASIC | Team |
Nairy Manasians | Hardware Design Engineer | Team |
Jidong Wang | Principal Engineer | Team |
Hoke Johnson | Lead Hardware Systems Engineer | Team |
Robert Fu | Principal Engineer | Team |
Complete people profiles for Flex Logix
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Timeline of Flex Logix
4 dated milestones of Flex Logix across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Flex Logix is founded.
- Funding First funding round of $601K.
- Funding Latest funding round, Series D, of $55.0M.
- Exit Acquired by Analog Devices.
Competitors of Flex Logix
Flex Logix has 3 listed competitors in our database, 3 of them funded. They include Achronix, Cerebras and Celestial AI.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| achronix.com | 2004 | Santa Clara, United States | $132.24M | 26 | AI-based field-programmable gate arrays and IPs are manufactured. | |
| cerebras.ai | 2015 | Sunnyvale, United States | $2.82B | 275 | Custom AI models are trained on a specialized computing platform. | |
| celestial.ai | 2020 | Santa Clara, United States | $588.87M | Provider of AI-powered optical processing units |
Detailed competitors of Flex Logix
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Web traffic of Flex Logix
The website of Flex Logix (flex-logix.com) receives about 1.1K visits a month.
- Monthly visits1.1K
▲ 452.3% vs previous month
Top companies in AI Core Platforms & Infrastructure
3 companies that operate in the same segment as Flex Logix (AI Core Platforms & Infrastructure) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
OpenAI is engaged in developing advanced artificial intelligence technologies. | 2015 | San Francisco, California, United States | USD 58.07 B | 11,115 | ||
AI-powered graphical processing units and SoCs | 1993 | Santa Clara, California, United States | USD 5 M | USD 130.5 B | 42,000 | |
AI models and chatbots are offered for industry applications. | 2021 | San Francisco, California, United States | USD 136.81 B | 6,146 |
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Related news about Flex Logix
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Frequently Asked Questions about Flex Logix
Flex Logix was founded in 2014.
Flex Logix is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.
Flex Logix is a funded company, having raised a total of $68.07M across 4 funding rounds to date. The company's 1st funding round was a Series A of $600.82K, raised on May 2014.
Flex Logix has 32 employees.
Flex Logix was founded in 2014 and is headquartered in Mountain View, United States. Operations focus on the reconfigurable computing sector within semiconductors. EFLX embedded FPGA technology is offered to SoC designers, allowing FPGAs to be integrated into complex chip designs. IP, architecture, and software solutions are provided to support AI applications and serve as alternatives to conventional FPGA approaches across various industries.
Flex Logix's top competitors include Cerebras, Celestial AI and Achronix.
Flex Logix has 4 investors. Key investors include Analog Devices, Mithril, Lux Capital, and Eclipse.
Flex Logix operates through Flex Logix Technologies, Inc..
Yes. Flex Logix was acquired by Analog Devices in November 2024.