About Innovium
Innovium is a company based in San Jose (United States) founded in 2014 was acquired by Marvell in August 2021. Innovium has raised $335.3 million across 5 funding rounds from investors including Qualcomm, BlackRock and Marvell. The company has 72 employees as of April 07, 2024. Innovium operates in a competitive market with competitors including Mellanox Technologies, Xsight Labs, ClariPhy, Netronome and Cortina Systems, among others.
- Headquarter San Jose, United States
- Employees 72 as on 07 Apr, 2024
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Innovium India Private Limited
- Date of Incorporation 19 Aug, 2016
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$3.28 M (USD)-10.48as on Mar 31, 2022
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Net Profit
$411.29 K (USD)94.8as on Mar 31, 2022
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EBITDA
$541.69 K (USD)72.97as on Mar 31, 2022
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Total Equity Funding
$335.3 M (USD)
in 5 rounds
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Latest Funding Round
$170 M (USD), Series E
Jul 21, 2020
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Investors
Qualcomm
& 12 more
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Employee Count
72
as on Apr 07, 2024
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Acquired by
Marvell
(Aug 03, 2021)
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People of Innovium
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Software Development Team
104 people
Leadership Team
78 people
Creative and Marketing Team
70 people
Sales and Marketing
45 people
Senior Team
35 people
Finance and Accounting
28 people
Legal and Compliance
12 people
Principal Team
12 people
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Funding Insights of Innovium
Innovium has successfully raised a total of $335.3M across 5 strategic funding rounds. The most recent funding activity was a Series E round of $170 million completed in July 2020. 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.
Investors in Innovium
Innovium has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Qualcomm, BlackRock and Marvell.
| Investor | Description | Founded Year | Domain | Location |
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Investments are directed toward innovative technology startups by DFJ Growth.
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Venture capital firm specializing in early-stage tech investments and founder support.
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Venture capital investing in technology sectors such as AI and automotive.
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Investor details for Innovium
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Investments & Acquisitions by Innovium
Investment portfolio details for Innovium
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Financial Statements - Innovium
Detailed financials for Innovium
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Innovium Comparisons
Peer comparison for Innovium
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Competitors of Innovium
Innovium 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 Mellanox Technologies, Xsight Labs, ClariPhy, Netronome and Cortina Systems, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of Ethernet and InfiniBand interconnect solutions for servers and storage
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Provider of data center switches for Ethernet connectivity
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ICs for high-speed communications are designed and marketed.
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Data interface solutions for Ethernet connections are provided.
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High-speed optical interconnects for network infrastructure are developed.
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Detailed competitors of Innovium
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Latest news on Innovium
Complete news archive for Innovium
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Frequently Asked Questions about Innovium
Innovium was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Innovium is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
Innovium is a funded company, having raised a total of $335.3M across 5 funding rounds to date.
As of Apr 07, 2024, the latest employee count at Innovium is 72.
Annual revenue of Innovium is $3.28M as on Mar 31, 2022.
Innovium was founded in 2014 in San Jose, United States, by industry veterans from Broadcom and Cavium. Venture funding from Silicon Valley investors has supported the development of semiconductor chipsets for networking infrastructure in data centers. Operations focus on high-performance Ethernet switches, including the TeraLynx chip launched in March 2017, which features a 12.8 Tbits capacity on a single 16nm die.
Innovium's top competitors include Xsight Labs, Mellanox Technologies and ClariPhy.
Innovium has 13 investors. Key investors include Qualcomm, BlackRock, Marvell, Qualcomm Ventures, and Premji Invest.