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
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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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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 Total Funding
- Total Rounds 1
- Last Round Series B — $20.0M
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First Round
First Round
(28 Nov 2007)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2007 | Amount | Series B - Gigle Networks | Valuation | Scottish Equity Partners , Accel |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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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. 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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Venture capital firm focused on tech companies
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Accel is recognized as a leading venture capital 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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Gigle Networks
| 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 - Gigle Networks
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Gigle Networks Comparisons
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. 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 |
Network connectivity, monitoring, and management solutions are provided.
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Provider of satellite communication SOCs and products
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Low-latency physical interface ICs are manufactured for computing networks.
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| domain | founded_year | HQ Location |
Application-specific network processors and connectivity solutions are developed.
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| domain | founded_year | HQ Location |
System-on-chips for networking technology applications are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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 Gigle Networks
Frequently Asked Questions about Gigle Networks
When was Gigle Networks founded?
Gigle Networks was founded in 2005 and raised its 1st funding round 2 years after it was founded.
Where is Gigle Networks located?
Gigle Networks is headquartered in Barcelona, Spain. It is registered at Barcelona, Catalonia, Spain.
Who is the current CEO of Gigle Networks?
Juan Carlos Riveiro is the current CEO of Gigle Networks. They have also founded this company.
Is Gigle Networks a funded 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 28, 2007.
What does Gigle Networks do?
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.
Who are the top competitors of Gigle Networks?
Gigle Networks's top competitors include SatixFy, Ethernity Networks and Picocom.
Who are Gigle Networks's investors?
Gigle Networks has 4 investors. Key investors include Broadcom, Accel, Scottish Equity Partners, and Pond Venture Partners.
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