GloNav

Newport Beach, United States Founded: 2006 • Age: 20 yrs Acquired By NXP Semiconductors
GPS and satellite navigation technologies are developed for mobile devices.

About GloNav

GloNav is a Technology company based in Newport Beach (United States) founded in 2006, and was acquired by NXP Semiconductors in December 2007. GPS and satellite navigation technologies are developed for mobile devices. GloNav has raised $16.2 million across 1 funding round from investors including NXP Semiconductors and Atlantic Bridge. Its focus areas include Semiconductors, Analog and Mixed Signal ICs, Communication ICs and RFICs. Its competitors include U-Nav and Etherwhere; 1 of its 2 listed competitors has raised funding.

Company details

GloNav is a fabless semiconductor company developing global positioning system (GPS) and other satellite navigation technologies and products.It focuses on single chip assisted GPS silicon and 90nm devices for both personal navigation devices and mobile phones.GloNav was formed by the spinout of the GPS business of Ceva Inc. and the acquisition of RFDomus Inc. The company was acquired by NXP Semiconductors for over 85 M USD in Dec 2007.

  • Headquarters Newport Beach, United States
  • Stage Acquired
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website glonavgps.com
  • Social LinkedIn
  • Acquired by NXP Semiconductors (Dec 2007)
Operational Areas
Key Metrics

Funding Insights of GloNav

GloNav has successfully raised a total of $16.2M through 1 strategic funding round. The most recent funding activity was a Series A round of $16.2 million completed in July 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 $16.2M
  • Total Rounds 1
  • Last Round Series A β€” $16.2M
  • First Round $16.2M

    (Jul 2006)

  • Investors Count 1

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

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2006$16.2MSeries A––
Valuation history

2 investors in total: 2 institutional.

Investors in GloNav

GloNav has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include NXP Semiconductors and Atlantic Bridge.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Atlantic Bridge is focused on growth equity investments in technology.
abven.com
A suite of analog and mixed-signal integrated circuits is provided.
1953nxp.comEindhoven, Netherlands
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Investor details for GloNav

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Timeline of GloNav

3 dated milestones of GloNav across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded GloNav is founded.
  2. Funding First funding round of $16.2M.
  3. Exit Acquired by NXP Semiconductors.

Competitors of GloNav

GloNav has 2 listed competitors in our database, 1 of them funded. They include U-Nav and Etherwhere.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
unav-micro.com2001Irvine, United States$15M
GPS ICs and software solutions for location tracking are provided.
etherwhere.com2017Sunnyvale, United States
Low-power multi-GNSS IoT chips are provided for various applications.
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Detailed competitors of GloNav

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Top companies in Semiconductors & ICs

3 companies that operate in the same segment as GloNav (Semiconductors & ICs) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of cloud and AI-based cellular communication ICs
1985San Diego, California, United StatesUSD 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
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Related news about Glonav

GloNav sold to Philips firm for €76.5m
Irishtimes β€’ 18 years ago
Ceva makes US$10.9m capital gain on GloNav sale
Siliconrepublic β€’ 19 years ago
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Complete news archive for GloNav

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Frequently Asked Questions about GloNav

GloNav was founded in 2006.

GloNav is headquartered in Newport Beach, United States. It is registered at Newport Beach, California, United States.

GloNav is a funded company, having raised a total of $16.2M across 1 funding round to date. The company's 1st funding round was a Series A of $16.2M, raised on Jul 2006.

GloNav is a fabless semiconductor company developing global positioning system (GPS) and other satellite navigation technologies and products.It focuses on single chip assisted GPS silicon and 90nm devices for both personal navigation devices and mobile phones.GloNav was formed by the spinout of the GPS business of Ceva Inc. and the acquisition of RFDomus Inc. The company was acquired by NXP Semiconductors for over 85 M USD in Dec 2007.

GloNav's top competitors include U-Nav and Etherwhere.

GloNav has 2 investors. Key investors include NXP Semiconductors, and Atlantic Bridge.

Yes. GloNav was acquired by NXP Semiconductors in December 2007.

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