Gigle Networks

Barcelona, Spain Founded: 2005 • Age: 21 yrs Acquired By Broadcom
System-on-chip integrated circuits for home networking are developed.

About Gigle Networks

Gigle Networks is a company based in Barcelona (Spain) founded in 2005 by Hakan Fouren,, Jed Hurwitz, Juan Carlos Riveiro, and Mike Wilson was acquired by Broadcom in November 2010. Gigle Networks has raised $20 million across 1 funding round from investors including Broadcom, Accel and Scottish Equity Partners. Gigle Networks operates in a competitive market with competitors including Emulex, SatixFy, Aeonsemi, Applied Micro Circuits and Ethernity Networks, among others.

  • Headquarter Barcelona, Spain
  • Founders Hakan Fouren,, Jed Hurwitz, Juan Carlos Riveiro, Mike Wilson
  • Sectors
    Technology
  • Website giglenetworks.com
  • Social LinkedIn X
  • Acquired by Broadcom (Nov 2010)
Operational Areas
Key Metrics
  • Total Equity Funding
    $20M (USD)

    in 1 rounds

  • Latest Funding Round
    $20M (USD), Series B

    Nov 2007

  • Investors
    Broadcom

    & 3 more

  • Acquired by
    Broadcom

    (Nov 2010)

Funding Insights of Gigle Networks

Gigle Networks has successfully raised a total of $20M through 1 strategic funding round. The most recent funding activity was a Series B round of $20 million completed in November 2007. 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 $20M
  • Total Rounds 1
  • Last Round Series B β€” $20M
  • First Round $20M

    (Nov 2007)

  • Investors Count 3

All 1 funding rounds of Gigle Networks with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2007$20MSeries B–Scottish Equity Partners, Accel
–
Valuation history

4 investors in total: 4 institutional.

Investors in Gigle Networks

Gigle Networks has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Broadcom, Accel and Scottish Equity Partners.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital firm focused on tech companies
–sep.co.ukLondon, United Kingdom
Accel is recognized as a leading venture capital firm.
1983accel.comPalo Alto, United States
-
–pondventures.com-
Data center fiber optic networks and connectivity solutions are provided.
1991broadcom.comCalifornia, United States
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Investor details for Gigle Networks

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People of Gigle Networks

4 people are tracked at Gigle Networks (4 in leadership).

NameRoleGroup
Hakan Fouren,
Co-FounderLeadership
Jed Hurwitz
Co-FounderLeadership
Juan Carlos Riveiro
Co-Founder & CEOLeadership
Mike Wilson
Co-FounderLeadership
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Complete people profiles for Gigle Networks

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Timeline of Gigle Networks

3 dated milestones of Gigle Networks across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Gigle Networks is founded.
  2. Funding First funding round of $20.0M.
  3. Exit Acquired by Broadcom.

Competitors of Gigle Networks

Gigle Networks 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 Emulex, SatixFy, Aeonsemi, Applied Micro Circuits and Ethernity Networks, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
emulex.com1978Costa Mesa, United States––
Network connectivity, monitoring, and management solutions are provided.
satixfy.com2012Rehovot, Israel$25M–
Provider of satellite communication SOCs and products
aeonsemi.com2018Santa Clara, United States$11.46M–
Low-latency physical interface ICs are manufactured for computing networks.
apm.com1979Sunnyvale, United States––
Application-specific network processors and connectivity solutions are developed.
ethernitynet.com2004Lod, Israel––
System-on-chips for networking technology applications are provided.
picocom.com2018Bristol, United Kingdom–16
SoC designs and software for 5G cellular systems are manufactured.
sibyte.com1998Santa Clara, United States$40M–
High-performance MIPS cores for networking technologies were developed.
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Detailed competitors of Gigle Networks

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Latest news on Gigle Networks

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Complete news archive for Gigle Networks

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Similar companies to Gigle Networks

10 companies that operate in the same segment as Gigle Networks (Semiconductors & ICs), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
AI-based system-on-chips are developed for advanced driver assistance systems.
1999Jerusalem, Jerusalem District, IsraelUSD 530 MUSD 1.89 B3,900
Provider of cloud and AI-based cellular communication ICs
1985San Diego, California, United States–USD 44.28 B49,000
Full-stack quantum computing solutions using superconducting qubits are developed.
2013Berkeley, California, United StatesUSD 195.62 MUSD 7.09 M140
AI-powered graphical processing units and SoCs
1993Santa Clara, California, United StatesUSD 5 MUSD 130.5 B36,000
High-performance CPUs and GPUs are developed for computing applications.
1969Santa Clara, California, United States–USD 25.79 B28,000
Diverse semiconductor manufacturers
1987Geneve, Geneve, Switzerland–USD 12.29 B49,600
Internet first brand offering analog, mixed-signal, and audio DSP integrated circuits
1984Austin, Texas, United States–USD 2 B1,660
GaN-based power management ICs are manufactured for electronic devices.
2014Dublin, IrelandUSD 49.6 MUSD 83.3 M280
Semiconductor ICs and microprocessors are designed and manufactured.
1968Santa Clara, California, United States–USD 52.85 B108,900
CMOS-based image sensors are developed for autonomous vision applications.
2017IsraelUSD 96 M––
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Frequently Asked Questions about Gigle Networks

Gigle Networks was founded in 2005 and raised its 1st funding round 2 years after it was founded.

Gigle Networks is headquartered in Barcelona, Spain. It is registered at Barcelona, Catalonia, Spain.

Juan Carlos Riveiro is the current CEO of Gigle Networks. They have also founded this company.

Gigle Networks is a funded company, having raised a total of $20M across 1 funding round to date. The company's 1st funding round was a Series B of $20M, raised on Nov 2007.

Gigle Networks was founded in 2005 as a fabless semiconductor company based in Barcelona, Spain. System-on-chip integrated circuits are designed and developed for home networking applications. Operations focus on creating components that support connectivity in residential environments, without involvement in fabrication. The companys efforts target the semiconductor sector, emphasizing efficient solutions for wireless and wired home networks.

Gigle Networks's top competitors include SatixFy, Ethernity Networks and Picocom.

Gigle Networks has 4 investors. Key investors include Broadcom, Accel, Scottish Equity Partners, and Pond Venture Partners.

Yes. Gigle Networks was acquired by Broadcom in November 2010.

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