iWave Systems

Bengaluru, India Founded: 1999 • Age: 27 yrs Minicorn
Embedded hardware, software, and FPGA design services are provided.

About iWave Systems

iWave Systems is a Technology company based in Bengaluru (India) founded in 1999 by Abdullah Mohamedjohn Khan and Mohamed Saliya. Embedded hardware, software, and FPGA design services are provided. iWave Systems has raised $54.71 thousand across 1 funding round from investors including Ghouse Ahmed. The company has 59 employees. iWave Systems was last valued at $1.72 million in March 2008. Its chief executive, as recorded, is Abdullah Mohamedjohn Khan. Its website iwavesystems.com draws about 19 thousand monthly visits. Its Indian entity Iwave Systems Technologies Private Limited reported revenue of ₹46.40 Cr. iWave Systems offers products and services including FPGA System on Modules, ARM System on Modules, PCIe Cards, and VPX Cards. Its focus areas include Semiconductors, Electronic Design Automation Tools, IP Cores and Integrated Circuits. Its competitors include SiliConch and InCore; 2 of its 2 listed competitors have raised funding.

Company details

iWave Systems was founded in 1999 and is based in Bengaluru, India. Product engineering services are delivered in embedded hardware, FPGA, and software development. Offerings include system-on-modules, development platforms, single board computers, COTS modules, and FPGA IP cores. These are applied in the medical and automotive sectors for various applications.

  • Headquarters Bengaluru, India
  • Employees 59
  • Founders Abdullah Mohamedjohn Khan, Mohamed Saliya
  • Stage Minicorn
  • Sectors
    Technology
  • Website category Computers Electronics and Technology · Computer Hardware
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website iwavesystems.com
  • Social LinkedIn X Facebook YouTube
  • Legal Name Iwave Systems Technologies Private Limited
  • Date of Incorporation 03 Sep, 1999
  • Jurisdiction 2Nd Stage, Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹46.40 Cr

    FY 2023 · +32% YoY

  • Net Profit
    ₹1.34 Cr

    FY 2023 · 3% margin

  • EBITDA
    ₹2.36 Cr

    FY 2023 · 5% margin

  • Total Equity Funding
    $54.71K (USD)

    in 1 rounds

  • Latest Funding Round
    $54.71K (USD), Angel Round

    Mar 2008

  • Employee Count
    59

Products & Services of iWave Systems

iWave Systems offers a comprehensive portfolio of products and services, including FPGA System on Modules, ARM System on Modules, PCIe Cards, and VPX Cards.

FPGA System on Modules
Embedded Hardware

Provides high-performance FPGA modules for computing applications

ARM System on Modules
Embedded Hardware

Offers ARM-based modules for device integration and processing

PCIe Cards
Connectivity Hardware

Delivers PCIe smart NIC cards for network acceleration

VPX Cards
Industrial Hardware

Supports VPX boards for rugged computing environments

Apps and channels of iWave Systems

its YouTube channel iWave Global has 10.7K subscribers and 30 videos.

iWave Global
YouTube 10.7K subscribers 30 videos Science & Technology
Open channel

Videos from iWave Systems

The most watched videos on iWave Systems's YouTube channel, iWave Global (10.7K subscribers). Click a video to play it here.

Accelerating AI at the Edge Vitis AI NPU demo on Versal AI Edge VE2302
395 views
Gen-AI LLM Acceleration on Versal AI Edge VE2302 | iWave
349 views
Inside FPGA Innovation: iWave & Altera Panel Discussion | Embedded World 2025
294 views
iWave Launches Agilex™ 9 FPGA Direct-#rf System on Module and 3U VPX Solutions
236 views

More on iWave Global.

Funding Insights of iWave Systems

iWave Systems has successfully raised a total of $54.71K through 1 strategic funding round. The most recent funding activity was a Angel Round of $54.71 thousand completed in March 2008. 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 $54,711
  • Total Rounds 1
  • Last Round Angel Round — $54,711
  • First Round $54,711

    (Mar 2008)

  • Investors Count 1

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

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2008$54,711Angel Round$1.72MGhouse Ahmed
–
Valuation history
DateValuationStage
Mar 2008$1.72M••••••••

Last known valuation $1.72M (Mar 2008). 1 investors in total: 0 institutional and 1 angel.

Investors in iWave Systems

iWave Systems has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Ghouse Ahmed.

All
Angel
InvestorDescriptionFounded YearDomainLocation

Ghouse Ahmed

unknown_f20cb3e0692346a99
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Investor details for iWave Systems

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
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Verified entity values are shown only after access is granted.

Board of directors of Iwave Systems Technologies Private Limited (iWave Systems)

Iwave Systems Technologies Private Limited is the primary company behind iWave Systems. The board of Iwave Systems Technologies Private Limited currently have 3 directors; the longest-serving is Ghouse Ahmed, appointed in 1999.

DirectorDesignationAppointedTenureEntity
Ghouse Ahmed
DIN 02059497
Director03 Sep 199927 yrs 2 moIwave Systems Technologies Private Limited
Abdullah Mohamedjohn Khan
DIN 02059463
Director03 Sep 199927 yrs 2 moIwave Systems Technologies Private Limited
Mohamed Saliya
DIN 02059520
Director03 Sep 199927 yrs 2 moIwave Systems Technologies Private Limited

People of iWave Systems

16 people are tracked at iWave Systems (7 in leadership, 9 in team); the tracked headcount is 59.

NameRoleGroup
Co-Founder & CEOLeadership
Co-Founder & Managing DirectorLeadership
Michael E. S.
Sales Director, North AmericaLeadership
Abdullah Khan.M.
Founder - President - Chief Executive OfficerLeadership
Sheik Abdullah
Vice President Of EngineeringLeadership
Tawfeeq Ahmad
Associate Director - Product MarketingLeadership
Immanuel Rathinam
Vice President - EngineeringLeadership
Sharath Kumar B
Associate Business Development ManagerTeam
Rohith M Ravi
Tech LeadTeam
Nikhil Kashyap H R
Junior Software EngineerTeam
Mari Muthu
Business Development SpecialistTeam
Mohammed Huwaiz
Business Development Executive At Iwave Systems Technologies Pvt Ltd.Team
Raju Nakarmi
Project CoordinatorTeam
Pradeep Raj
Senior Mechanical Design EngineerTeam
Vidya C K
Digital Marketing ExecutiveTeam
Abhijith Shetty
Associate Business Development ManagerTeam
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Complete people profiles for iWave Systems

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Financials of iWave Systems

Figures of Iwave Systems Technologies Private Limited, the primary company behind iWave Systems, for FY 2023. Revenue was ₹46.40 Cr (+32% year on year). Net profit was ₹1.34 Cr (3% margin). EBITDA was ₹2.36 Cr (5% margin). Revenue has grown at a compounded annual rate of -17% over three years and +3% over five years.

  • ₹46.40 CrRevenue · FY 2023 · +32% YoY
  • ₹1.34 CrNet profit · 3% margin
  • ₹2.36 CrEBITDA · 5% margin
  • ₹34.6 LakhPaid-up capital
  • 59Employees (provident fund records)
  • -17%Revenue CAGR, 3 years
  • +3%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Iwave Systems Technologies Private Limited are on its company page.

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Detailed financial statements for iWave Systems

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Timeline of iWave Systems

3 dated milestones of iWave Systems across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded iWave Systems is founded.
  2. Funding First funding round of $55K.
  3. Milestone Reaches Minicorn status.

Competitors of iWave Systems

iWave Systems has 2 listed competitors in our database, 2 of them funded. They include SiliConch and InCore.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
siliconch.com2016Bengaluru, India$3.35M41
Semiconductor intellectual property cores and design services are provided.
incoresemi.com2018Chennai, India$3M42
RISC-V core generators and custom silicon designs are developed.
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Detailed competitors of iWave Systems

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Verified entity values are shown only after access is granted.

Web traffic of iWave Systems

The website of iWave Systems (iwavesystems.com) receives about 19.5K visits a month and ranks #1,341,008 among all websites worldwide, #5,573 in Computer Hardware.

  • Monthly visits
    19.5K
  • Unique visitors
    8.2K

    per month

  • Global rank
    #1,341,008

    among all websites

  • Category rank
    #5,573

    Computers Electronics and Technology · Computer Hardware

Similar websites

Websites whose visitors overlap most with iWave Systems. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
mistralsolutions.com
100%
14K#1,137,824View details
shop.trenz-electronic.de
shop.trenz-electronic.de
92%
#10,642,942–
copperhilltech.com
copperhilltech.com
81%
#981,477–
xilinx.com
81%
340.5K#155,888View details
hitechglobal.com
hitechglobal.com
80%
#3,099,324–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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Related news about Iwave Systems

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Complete news archive for iWave Systems

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Frequently Asked Questions about iWave Systems

iWave Systems was founded in 1999 and raised its 1st funding round 9 years after it was founded.

iWave Systems is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Abdullah Mohamedjohn Khan is the CEO of iWave Systems, as recorded in our data. They have also founded this company.

iWave Systems is a funded company, having raised a total of $54.71K across 1 funding round to date. The company's 1st funding round was a Angel Round of $54.71K, raised on Mar 2008.

iWave Systems has 59 employees.

The primary company behind iWave Systems, Iwave Systems Technologies Private Limited, reported revenue of ₹46.40 Cr for FY 2023, up 32% year on year.

iWave Systems was founded in 1999 and is based in Bengaluru, India. Product engineering services are delivered in embedded hardware, FPGA, and software development. Offerings include system-on-modules, development platforms, single board computers, COTS modules, and FPGA IP cores. These are applied in the medical and automotive sectors for various applications.

iWave Systems's top competitors include InCore and SiliConch.

iWave Systems offers FPGA System on Modules, ARM System on Modules, PCIe Cards, and VPX Cards.

iWave Systems has 1 investor. Key investors include Ghouse Ahmed.

The valuation of iWave Systems is $1.72M as of Mar 2008.

iWave Systems operates through Iwave Systems Technologies Private Limited.

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