About Flex Logix
Flex Logix is a company based in Mountain View (United States) founded in 2014 by Dejan Markovic was acquired by Analog Devices in November 2024.. 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 as of December 31, 2023. Flex Logix operates in a competitive market with competitors including VeriSilicon, Preferred Infrastructure, SiliConch, Achronix and Untether AI, among others.
- Headquarter Mountain View, United States
- Employees 32 as on 31 Dec, 2023
- Founders Dejan Markovic
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Flex Logix Technologies, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$68.07 M (USD)
in 4 rounds
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Latest Funding Round
$55 M (USD), Series D
Mar 22, 2021
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Investors
Analog Devices
& 3 more
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Employee Count
32
as on Dec 31, 2023
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Acquired by
Analog Devices
(Nov 11, 2024)
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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 Total Funding
- Total Rounds 4
- Last Round Series D — $55.0M
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First Round
First Round
(22 May 2014)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Series D - Flex Logix | Valuation | Mithril | |
| May, 2017 | Amount | Series B - Flex Logix | Valuation | Lux Capital , Eclipse |
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| Oct, 2015 | Amount | Series A - Flex Logix | Valuation | Eclipse |
| 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 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. 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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Private equity investments are made in the UK and US.
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Founded Year | Domain | Location | |
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Seed and early-stage technology companies are funded by Lux Capital.
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Founded Year | Domain | Location | |
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Early-stage investments are made by Eclipse across multiple sectors.
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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 Flex Logix
| 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 |
Financial Statements - Flex Logix
| 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 |
Flex Logix Comparisons
Competitors of Flex Logix
Flex Logix 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 VeriSilicon, Preferred Infrastructure, SiliConch, Achronix and Untether AI, 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 |
Silicon platform-as-a-service is offered for SOC and SIP design solutions.
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| domain | founded_year | HQ Location |
Machine learning, deep learning, and high-performance computing solutions are developed.
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| domain | founded_year | HQ Location |
Semiconductor intellectual property cores and design services are provided.
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| domain | founded_year | HQ Location |
AI-based field-programmable gate arrays and IPs are manufactured.
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| domain | founded_year | HQ Location |
At-memory computes are provided for accelerating AI inference in devices.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Flex Logix
Frequently Asked Questions about Flex Logix
When was Flex Logix founded?
Flex Logix was founded in 2014.
Where is Flex Logix located?
Flex Logix is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.
Is Flex Logix a funded company?
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 $7.47M, raised on May 22, 2014.
How many employees does Flex Logix have?
As of Dec 31, 2023, the latest employee count at Flex Logix is 32.
What does Flex Logix do?
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.
Who are the top competitors of Flex Logix?
Flex Logix's top competitors include VeriSilicon, Preferred Infrastructure and Celestial AI.
Who are Flex Logix's investors?
Flex Logix has 4 investors. Key investors include Analog Devices, Mithril, Lux Capital, and Eclipse.
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