About Innovasic
Innovasic is a Technology company based in Albuquerque (United States) founded in 1991, and was acquired by Analog Devices in October 2016. Application-specific integrated circuits are designed for embedded control applications. Innovasic has raised $13.47 million across 4 funding rounds from investors including Analog Devices, Sensor Development and Valley Ventures. The company has 22 employees. The company was acqui-hired. Its focus areas include Semiconductors, Analog and Mixed Signal ICs, Communication ICs and Data Interface. Its competitors include Mellanox Technologies, Innovium and ClariPhy; 3 of its 3 listed competitors have raised funding.
Company details
Innovasic was founded in 1991 in Albuquerque, United States, focusing on semiconductor design. Integrated circuits, including extended-life processors and industrial Ethernet modules, are developed for embedded communication and control. Reference designs, peripherals, and mixed-signal devices are provided to support applications in industrial, automotive, medical, and defense sectors. The company was acquired by Analog Devices in 2016.
- Headquarters Albuquerque, United States
- Employees 22
- Stage Acquired
- SectorsTechnology
- Website innovasic.com
- Acquired by Analog Devices (Oct 2016)
- Total Equity Funding$13.47M (USD)
in 4 rounds
- Latest Funding Round$6.22M (USD), Series C
Apr 2007
- InvestorsAnalog Devices
& 4 more
- Employee Count22
- Acquired byAnalog Devices
(Oct 2016)
Funding Insights of Innovasic
Innovasic has successfully raised a total of $13.47M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $6.22 million completed in April 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 $13.47M
- Total Rounds 4
- Last Round Series C — $6.22M
- First Round $3M
(Jun 1999)
- Investors Count 4
All 4 funding rounds of Innovasic 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 |
|---|---|---|---|---|---|
| Apr 2007 | $6.22M | Series C | – | Valley Ventures, Grayhawk Capital | – |
| May 2006 | $3.8M | Debt – Conventional | – | – | – |
| Feb 2004 | $4.25M | Series B | – | – | |
| Jun 1999 | $3M | Series A | – | – | – |
5 investors in total: 5 institutional.
Investors in Innovasic
Innovasic has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Analog Devices, Sensor Development and Valley Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| valleyventures.com | ||||
| grayhawk.vc | ||||
| redriverventures.com | ||||
Develops a sensor for detecting VOCs from stored food | 1997 | sensordevelopmentcorp.com | Elyria, United States | |
Analog, mixed-signal, and digital signal processing ICs are manufactured. | 1965 | analog.com | Wilmington, United States |
Investor details for Innovasic
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Innovasic
4 dated milestones of Innovasic across 25 years, from founding to its latest funding, stage changes and deals.
- Founded Innovasic is founded.
- Funding First funding round of $3.0M.
- Funding Latest funding round, Series C, of $6.2M.
- Exit Acquired by Analog Devices.
Competitors of Innovasic
Innovasic has 3 listed competitors in our database, 3 of them funded. They include Mellanox Technologies, Innovium and ClariPhy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mellanox.com | 1999 | Sunnyvale, United States | $97.7M | 316 | Provider of Ethernet and InfiniBand interconnect solutions for servers and storage | |
| innovium.com | 2014 | San Jose, United States | $350M | 75 | Semiconductor solutions for data center networking challenges are developed. | |
| clariphy.com | 2002 | Irvine, United States | $117.41M | 91 | ICs for high-speed communications are designed and marketed. |
Detailed competitors of Innovasic
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Innovasic
Websites that share an audience with Innovasic (innovasic.com).
Websites whose visitors overlap most with Innovasic. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| fabtime.com | 100% | View details | |||
| fillfactory.com | 100% | View details | |||
| ovonyx.com | 100% | View details |
Top companies in Semiconductors & ICs
3 companies that operate in the same segment as Innovasic (Semiconductors & ICs) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of cloud and AI-based cellular communication ICs | 1985 | San Diego, California, United States | USD 44.28 B | 49,000 | ||
Full-stack quantum computing solutions using superconducting qubits are developed. | 2013 | Berkeley, California, United States | USD 195.62 M | USD 7.09 M | 140 | |
AI-powered graphical processing units and SoCs | 1993 | Santa Clara, California, United States | USD 5 M | USD 130.5 B | 36,000 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Innovasic
Complete news archive for Innovasic
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Innovasic
Innovasic was founded in 1991 and raised its 1st funding round 8 years after it was founded.
Innovasic is headquartered in Albuquerque, United States. It is registered at Albuquerque, New Mexico, United States.
Innovasic is a funded company, having raised a total of $13.47M across 4 funding rounds to date. The company's 1st funding round was a Series A of $3M, raised on Jun 1999.
Innovasic has 22 employees.
Innovasic was founded in 1991 in Albuquerque, United States, focusing on semiconductor design. Integrated circuits, including extended-life processors and industrial Ethernet modules, are developed for embedded communication and control. Reference designs, peripherals, and mixed-signal devices are provided to support applications in industrial, automotive, medical, and defense sectors. The company was acquired by Analog Devices in 2016.
Innovasic's top competitors include Innovium, Mellanox Technologies and ClariPhy.
Innovasic has 5 investors. Key investors include Analog Devices, Sensor Development, Valley Ventures, Grayhawk Capital, and Red River Ventures.
Yes. Innovasic was acquired by Analog Devices in October 2016.