About OPENEDGES
OPENEDGES is a company based in Seoul (South Korea) founded in 2015.. OPENEDGES has raised $2.7 million across 2 funding rounds from investors including Korean Development Bank, Hyundai Motor Group and Stonebridge Capital. The company has 98 employees as of December 31, 2024. OPENEDGES offers products and services including DDR PHY, DDR Memory Controller, NoC Bus Interconnect, and NPU. OPENEDGES operates in a competitive market with competitors including SiFive, Rambus, VeriSilicon, Flex Logix and Arteris IP, among others.
- Headquarter Seoul, South Korea
- Employees 98 as on 31 Dec, 2024
- Stage Public
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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 Openedges Technology, Inc.
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Annual Revenue
$10.39 M (USD)-21.77as on Dec 31, 2024
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Net Profit
$-18.5 M (USD)-83.68as on Dec 31, 2024
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EBITDA
$-16.82 M (USD)-55.31as on Dec 31, 2024
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Total Equity Funding
$2.7 M (USD)
in 2 rounds
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Latest Funding Round
$2.7 M (USD), Seed
Apr 20, 2021
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Investors
Korean Development Bank
& 2 more
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Employee Count
98
as on Dec 31, 2024
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IPO & Listings of OPENEDGES
OPENEDGES is a publicly listed company on the KRX with ticker symbol 394280 in South Korea, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of OPENEDGES
OPENEDGES offers a comprehensive portfolio of products and services, including DDR PHY, DDR Memory Controller, NoC Bus Interconnect, and NPU. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Handles physical interfaces for DDR memory in systems.
Manages operations of DDR memory controllers.
Enables efficient network-on-chip communications.
Processes neural networks for AI applications.
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Funding Insights of OPENEDGES
OPENEDGES has successfully raised a total of $2.7M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.7 million completed in April 2021. 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 Total Funding
- Total Rounds 2
- Last Round Seed — $2.7M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Seed - OPENEDGES | Valuation | Korean Development Bank , Hyundai Motor Group |
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| Jun, 2018 | Amount | Seed - OPENEDGES | Valuation | Stonebridge Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in OPENEDGES
OPENEDGES has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Korean Development Bank, Hyundai Motor Group and Stonebridge Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage tech and life sciences focused VC & PE firm
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Founded Year | Domain | Location | |
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Development financing and commercial banking are provided in South Korea.
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Founded Year | Domain | Location | |
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Develops innovative automotive technologies and proprietary solutions for various sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by OPENEDGES
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - OPENEDGES
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Openedges Comparisons
Competitors of OPENEDGES
OPENEDGES 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 SiFive, Rambus, VeriSilicon, Flex Logix and Arteris IP, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-based IP cores for system-on-chips are developed and supplied.
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| domain | founded_year | HQ Location |
AI-based silicon IP and chip solutions are developed and licensed.
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| domain | founded_year | HQ Location |
Silicon platform-as-a-service is offered for SOC and SIP design solutions.
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| domain | founded_year | HQ Location |
Provider of a reconfigurable computing company that provides embedded FPGA (eFPGA) IP, architecture, and software to enable flexible and efficient computing solutions for a wide range of industries
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| domain | founded_year | HQ Location |
Network-on-chip interconnect IP is provided for AI-enabled SoCs.
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| domain | founded_year | HQ Location |
IPs for HfO2-based non-volatile memories are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Openedges
Frequently Asked Questions about OPENEDGES
When was OPENEDGES founded?
OPENEDGES was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is OPENEDGES located?
OPENEDGES is headquartered in Seoul, South Korea.
Is OPENEDGES a funded company?
OPENEDGES is a funded company, having raised a total of $2.7M across 2 funding rounds to date.
How many employees does OPENEDGES have?
As of Dec 31, 2024, the latest employee count at OPENEDGES is 98.
What is the annual revenue of OPENEDGES?
Annual revenue of OPENEDGES is $10.39M as on Dec 31, 2024.
What does OPENEDGES do?
OPENEDGES was founded in 2015 in Seoul, South Korea, as a provider of AI-based intellectual property cores for various integrated circuits. Neural processing units are developed to achieve high compute density and energy efficiency. Memory subsystems, including DDR memory controllers and on-chip interconnect IP, are also offered to support semiconductor applications in the electronics sector. Operations focus on enabling efficient hardware designs for AI and data-intensive tasks.
Who are the top competitors of OPENEDGES?
OPENEDGES's top competitors include VeriSilicon, Arteris IP and Rambus.
What products or services does OPENEDGES offer?
OPENEDGES offers DDR PHY, DDR Memory Controller, NoC Bus Interconnect, and NPU.
Is OPENEDGES publicly traded?
Yes, OPENEDGES is publicly traded on KRX under the ticker symbol 394280.
Who are OPENEDGES's investors?
OPENEDGES has 3 investors. Key investors include Korean Development Bank, Hyundai Motor Group, and Stonebridge Capital.
What is OPENEDGES's ticker symbol?
The ticker symbol of OPENEDGES is 394280 on KRX.
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