About Kenet
Kenet is a Technology company based in Woburn (United States) founded in 2002, and was acquired by Intersil in September 2008. Provider of power conversion ICs. Kenet has raised $24.39 million across 4 funding rounds from investors including MIT, Intersil and Kopin. The company was acqui-hired. Its focus areas include Semiconductors, Analog and Mixed Signal ICs, Power and Power Conversion. Its competitors include Transphorm, Allegro MicroSystems and Power Integrations; 2 of its 3 listed competitors have raised funding.
Company details
The company was founded in 2002 and is based in Woburn, United States. Operations focus on the semiconductor sector, where power conversion integrated circuits are provided. CMOS analogue-to-digital converters are developed to achieve ultra-low power consumption within a compact die area. These components support applications requiring efficient power management in electronic devices.
- Headquarters Woburn, United States
- Stage Acquired
- SectorsTechnology
- Website kenetinc.com
- Acquired by Intersil (Sep 2008)
Funding Insights of Kenet
Kenet has successfully raised a total of $24.39M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $10.26 million completed in June 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 $24.39M
- Total Rounds 4
- Last Round Series B β $10.26M
- First Round $2.5M
(May 2002)
- Investors Count 6
All 4 funding rounds of Kenet 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 |
|---|---|---|---|---|---|
| Jun 2006 | $10.26M | Series B | β | β | |
| Jun 2004 | $10M | Series B | β | β | |
| Oct 2003 | $1.63M | Series A | β | β | β |
| May 2002 | $2.5M | Series A | β | β |
7 investors in total: 7 institutional.
Investors in Kenet
Kenet has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include MIT, Intersil and Kopin.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are made in disruptive growth companies. | oakvc.com | Greenwich, United States | ||
Venture capital firm focused on tech sectors | venrock.com | Palo Alto, United States | ||
Investment advisory, equity financing, and portfolio management in emerging markets. | zmlp.com | New York, United States | ||
Kopin is engaged in developing microdisplays and optical solutions. | 1984 | kopin.com | Westborough, United States | |
MIT is recognized as a leading institution for education and research. | 1861 | mit.edu | United States | |
Upstream agribusinesses and telecom operations are managed diversely. | 1921 | cpgroupglobal.com | Bangkok, Thailand | |
Power management and precision analog ICs are designed and manufactured. | 1967 | intersil.com | Milpitas, United States |
Investor details for Kenet
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 Kenet
4 dated milestones of Kenet across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Kenet is founded.
- Funding First funding round of $2.5M.
- Funding Latest funding round, Series B, of $10.3M.
- Exit Acquired by Intersil.
Competitors of Kenet
Kenet has 3 listed competitors in our database, 2 of them funded. They include Transphorm, Allegro MicroSystems and Power Integrations.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| transphormusa.com | 2007 | Goleta, United States | $266.24M | 69 | Power conversion ICs are developed using Gallium Nitride semiconductors. | |
| allegromicro.com | 1990 | Worcester, United States | $291M | 4,593 | Magnetic sensors and related ICs are manufactured for diverse sectors. | |
| power.com | 1988 | San Jose, United States | 346 | Developer of integrated power conversion solutions. It designs and manufactures a range of power ICs and related components for various applications, including AC-DC conversion, LED drivers, gate drivers, and motor drivers. These solutions are used across diverse sectors such as consumer electronics, industrial equipment, and automotive systems. The company provides comprehensive design support and resources to assist customers in integrating its products into their designs. It also offers a robust online support system for troubleshooting and technical assistance. |
Detailed competitors of Kenet
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.
Top companies in Semiconductors & ICs
3 companies that operate in the same segment as Kenet (Semiconductors & ICs) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-powered graphical processing units and SoCs | 1993 | Santa Clara, California, United States | USD 5 M | USD 130.5 B | 42,000 | |
AI inference platforms and on-premise clusters are provided. | 2016 | San Jose, California, United States | USD 2.77 B | 314 | ||
Custom AI models are trained on a specialized computing platform. | 2015 | Sunnyvale, California, United States | USD 2.55 B | USD 509.99 M | 71 |
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Frequently Asked Questions about Kenet
Kenet was founded in 2002.
Kenet is headquartered in Woburn, United States. It is registered at Woburn, Massachusetts, United States.
Kenet is a funded company, having raised a total of $24.39M across 4 funding rounds to date. The company's 1st funding round was a Series A of $2.5M, raised on May 2002.
The company was founded in 2002 and is based in Woburn, United States. Operations focus on the semiconductor sector, where power conversion integrated circuits are provided. CMOS analogue-to-digital converters are developed to achieve ultra-low power consumption within a compact die area. These components support applications requiring efficient power management in electronic devices.
Kenet's top competitors include Transphorm, Power Integrations and Allegro MicroSystems.
Kenet has 7 investors. Key investors include MIT, Intersil, Kopin, Charoen Pokphand Group, and Zephyr Management.
Yes. Kenet was acquired by Intersil in September 2008.
