About Passave
Passave is a Technology company based in Santa Clara (United States) founded in 2001 by Victor Vaisleib, and was acquired by PMC - Sierra in April 2006. Integrated circuits for broadband communications are designed and developed. Passave has raised $7 million across 1 funding round from investors including PMC - Sierra, BRM and Walden International. Its chief executive, as recorded, is Victor Vaisleib. Its focus areas include Semiconductors and Diversified Semiconductors.
Company details
Passave was founded in 2001 and is headquartered in Santa Clara, United States. The semiconductor sector is addressed through the creation of integrated circuits tailored for broadband access technologies. High-speed data transmission solutions are emphasized in operations. The position of Founder and CEO is held by Victor Vaisleib. Focus is placed on fabless design processes within the communications industry.
- Headquarters Santa Clara, United States
- Founders Victor Vaisleib
- Stage Acquired
- SectorsTechnology
- Website passave.com
- Acquired by PMC - Sierra (Apr 2006)
- Total Equity Funding$7M (USD)
in 1 rounds
- Latest Funding Round$7M (USD), Private Equity Round
Jun 2002
- InvestorsPMC - Sierra
& 2 more
- Acquired byPMC - Sierra
(Apr 2006)
Funding Insights of Passave
Passave has successfully raised a total of $7M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $7 million completed in June 2002. 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 $7M
- Total Rounds 1
- Last Round Private Equity Round — $7M
- First Round $7M
(Jun 2002)
- Investors Count 2
All 1 funding rounds of Passave 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 2002 | $7M | Private Equity Round | – | – |
3 investors in total: 3 institutional.
Investors in Passave
Passave has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include PMC - Sierra, BRM and Walden International.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment and technology solutions are provided by BRM Group. | brm.com | Tel Aviv, Israel | ||
VC firm investing globally in early & expansion stage companies | waldenintl.com | San Francisco, United States | ||
Broadband communications and storage semiconductors are provided by PMC-Sierra. | 1984 | pmc-sierra.com | Santa Clara, United States |
Investor details for Passave
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.
People of Passave
1 people are tracked at Passave (1 in leadership).
| Name | Role | Group |
|---|---|---|
Victor Vaisleib | Founder & CEO | Leadership |
Complete people profiles for Passave
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Passave
3 dated milestones of Passave across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Passave is founded.
- Funding First funding round of $7.0M.
- Exit Acquired by PMC - Sierra.
Top companies in Semiconductors & ICs
3 companies that operate in the same segment as Passave (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 Passave
Passave was founded in 2001 and raised its 1st funding round 1 year after it was founded.
Passave is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.
Victor Vaisleib is the CEO of Passave, as recorded in our data. They have also founded this company.
Passave is a funded company, having raised a total of $7M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $7M, raised on Jun 2002.
Passave was founded in 2001 and is headquartered in Santa Clara, United States. The semiconductor sector is addressed through the creation of integrated circuits tailored for broadband access technologies. High-speed data transmission solutions are emphasized in operations. The position of Founder and CEO is held by Victor Vaisleib. Focus is placed on fabless design processes within the communications industry.
Passave has 3 investors. Key investors include PMC - Sierra, BRM, and Walden International.
Yes. Passave was acquired by PMC - Sierra in April 2006.