Open-Silicon

Milpitas, United States Founded: 2003 • Age: 23 yrs Acquired By SiFive
Customized SOCs and ASIC designs are manufactured and supported.
Annual revenue $28.1M Latest available
Total funding $44.5M 4 rounds
Employees 348 Tracked headcount
Investors 7 Known backers
Products - Services tracked
Competitors - Brand Intelligence

About Open-Silicon

Open-Silicon is a company based in Milpitas (United States) founded in 2003 by Scott Houghton and Naveed Sherwani was acquired by SiFive in August 2018. Open-Silicon has raised $44.55 million across 4 funding rounds from investors including SiFive, Norwest Venture Partners and Bank Alkhair. The company has 348 employees as of April 09, 2024. Open-Silicon has completed 2 acquisitions, including Silicon Logic Engineering and Zenasis Technologies.

  • Headquarter Milpitas, United States
  • Employees 348 as on 09 Apr, 2024
  • Founders Scott Houghton, Naveed Sherwani
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Awave Semiconductor India Private Limited
  • Date of Incorporation 12 Jun, 2003
  • Jurisdiction Bangalore South, Karnataka, India
Operational Areas
Not available
Key Metrics
  • Annual Revenue
    $28.15 M (USD)
    82.21
    as on Mar 31, 2023
  • Net Profit
    $779.13 K (USD)
    -4
    as on Mar 31, 2023
  • EBITDA
    $2.16 M (USD)
    43.65
    as on Mar 31, 2023
  • Total Equity Funding
    $44.55 M (USD)

    in 4 rounds

  • Latest Funding Round
    $10 M (USD), Series D

    Mar 14, 2007

  • Investors
    SiFive

    & 6 more

  • Employee Count
    348

    as on Apr 09, 2024

  • Investments & Acquisitions
  • Acquired by
    SiFive

    & 1 more

    (Aug 24, 2018)

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People of Open-Silicon

Headcount 200-500
Employee Profiles 2
Employee Profiles
People
Amol Kadam
Executive

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Teams

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Funding Insights of Open-Silicon

Open-Silicon has successfully raised a total of $44.55M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $10 million completed in March 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.

Investors in Open-Silicon

Open-Silicon has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include SiFive, Norwest Venture Partners and Bank Alkhair.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors.
Locked Locked Locked
Early-stage investing in IT and healthcare ventures.
Locked Locked Locked
Sequoia Capital is engaged in venture capital investments.
Locked Locked Locked
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Investor details for Open-Silicon

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Investments & Acquisitions by Open-Silicon

Open-Silicon has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Silicon Logic Engineering and Zenasis Technologies.

Investments
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Investment portfolio details for Open-Silicon

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Limited information available
Locked Locked 2000 Locked
Semiconductor design services
Locked Locked 1996 Locked
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Complete acquisition details for Open-Silicon

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Financial Statements - Open-Silicon

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Detailed financials for Open-Silicon

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Open-Silicon Comparisons

Open-Silicon Primary company
Description
Customized SOCs and ASIC designs are manufactured and suppor...
Location
Milpitas, United States
Founded Year
2003
Annual Revenue
$28.15 M (USD)
Net Profit
$779.13 K (USD)
EBITDA
$2.16 M (USD)
Employees
348
As of 2024
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Peer comparison for Open-Silicon

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Competitors of Open-Silicon

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Detailed competitors of Open-Silicon

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Latest news on Open-Silicon

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Frequently Asked Questions about Open-Silicon

Open-Silicon was founded in 2003.

Open-Silicon is headquartered in Milpitas, United States. It is registered at Milpitas, California, United States.

Taher Madraswala is the current CEO of Open-Silicon.

Open-Silicon is a funded company, having raised a total of $44.55M across 4 funding rounds to date.

As of Apr 09, 2024, the latest employee count at Open-Silicon is 348.

Annual revenue of Open-Silicon is $28.15M as on Mar 31, 2023.

Open-Silicon was founded in 2003 and is headquartered in Milpitas, United States, within the semiconductor industry. Customized system-on-chips (SOCs) and application-specific integrated circuits (ASICs) are developed and produced, encompassing product definition, design engineering, wafer fabrication, packaging, assembly, and test engineering. Services extend to process nodes from 180 nm to 28 nm across foundries like TSMC and GlobalFoundries. The OpenMODEL approach is utilized for IP selection and qualification from open markets.

Open-Silicon has made 2 acquisitions, including Silicon Logic Engineering, and Zenasis Technologies.

Open-Silicon has 7 investors. Key investors include SiFive, Norwest Venture Partners, Bank Alkhair, InterWest, and Sequoia Capital.

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