About Provigent
Provigent is a Technology company based in Herzliya (Israel) founded in 2000, and was acquired by Broadcom in March 2011. System-on-a-chip solutions are developed for wireless networks. Provigent has raised $26 million across 3 funding rounds from investors including Broadcom, Lightspeed Venture Partners and Globespan Capital Partners. Its focus areas include Semiconductors, Analog and Mixed Signal ICs, System on chip and Networking Technologies. Its competitors include SatixFy and Ethernity Networks; 1 of its 2 listed competitors has raised funding.
Company details
Provigent was founded in 2000 in Herzliya, Israel, and focuses on the development of system-on-a-chip systems within the telecommunications sector. Solutions are provided for fixed wireless networks, private wireless networks, and cellular infrastructure markets. Operations also extend to the microwave Point-to-Point transmission market, supporting various connectivity needs in these areas.
- Headquarters Herzliya, Israel
- Stage Acquired
- SectorsTechnology
- Website provigent.com
- Social LinkedIn X
- Acquired by Broadcom (Mar 2011)
Funding Insights of Provigent
Provigent has successfully raised a total of $26M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in December 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 $26M
- Total Rounds 3
- Last Round Series B — $10M
- First Round $5M
(Jun 2006)
- Investors Count 9
All 3 funding rounds of Provigent 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 |
|---|---|---|---|---|---|
| Dec 2008 | $10M | Series B | – | Lightspeed Venture Partners | – |
| Mar 2007 | $16M | Series B | – | – | |
| Jun 2006 | $5M | Debt – Venture | – | – |
10 investors in total: 9 institutional and 1 angel.
Investors in Provigent
Provigent has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Broadcom, Lightspeed Venture Partners and Globespan Capital Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners. | 1997 | lsvp.com | Menlo Park, United States | |
VC firm investing in companies in the US | globespancapital.com | Boston, United States | ||
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | ||
Venture capital investments in tech and healthtech sectors through dedicated funds. | pitango.com | |||
| ascendvc.com | ||||
Early-stage Israeli startups are invested in by Magma Venture Partners. | magmavc.com | Tel Aviv, Israel | ||
Credit fund / Venture debt provider for tech companies & fintech lenders | https://www.viola-group.com/fund/violacredit | Herzliya, Israel | ||
Delta Ventures provides financial advisory services, including planning, analysis, and wealth management. | 1998 | delta-ventures.com | Herzliya, Israel | |
Data center fiber optic networks and connectivity solutions are provided. | 1991 | broadcom.com | California, United States | |
AV Andrew Viterbi | unknown_c094280cf9a34d349 |
Investor details for Provigent
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Timeline of Provigent
4 dated milestones of Provigent across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Provigent is founded.
- Funding First funding round of $5.0M.
- Funding Latest funding round, Series B, of $10.0M.
- Exit Acquired by Broadcom.
Competitors of Provigent
Provigent has 2 listed competitors in our database, 1 of them funded. They include SatixFy and Ethernity Networks.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| satixfy.com | 2012 | Rehovot, Israel | $25M | Provider of satellite communication SOCs and products | ||
| ethernitynet.com | 2004 | Lod, Israel | System-on-chips for networking technology applications are provided. |
Detailed competitors of Provigent
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Web traffic of Provigent
Websites that share an audience with Provigent (provigent.com).
Websites whose visitors overlap most with Provigent. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
connsp.com | connsp.com | 100% | – | ||
exicom.co.nz | exicom.co.nz | 100% | – | ||
| batm.com | 100% | View details | |||
| bocaresearch.com | 100% | View details | |||
develcon.com | develcon.com | 100% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 19 similar websites and full traffic analytics for Provigent
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- 19 similar websites
- Audience overlap
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Top companies in Semiconductors & ICs
2 companies that operate in the same segment as Provigent (Semiconductors & ICs) in Israel, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-based system-on-chips are developed for advanced driver assistance systems. | 1999 | Jerusalem, Jerusalem District, Israel | USD 530 M | USD 1.89 B | 3,820 | |
CMOS-based image sensors are developed for autonomous vision applications. | 2017 | Israel | USD 96 M |
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Related news about Provigent
Complete news archive for Provigent
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Frequently Asked Questions about Provigent
Provigent was founded in 2000 and raised its 1st funding round 6 years after it was founded.
Provigent is headquartered in Herzliya, Israel. It is registered at Herzliya, Central District, Israel.
Provigent is a funded company, having raised a total of $26M across 3 funding rounds to date. The company's 1st funding round was a Debt – Venture of $5M, raised on Jun 2006.
Provigent was founded in 2000 in Herzliya, Israel, and focuses on the development of system-on-a-chip systems within the telecommunications sector. Solutions are provided for fixed wireless networks, private wireless networks, and cellular infrastructure markets. Operations also extend to the microwave Point-to-Point transmission market, supporting various connectivity needs in these areas.
Provigent's top competitors include SatixFy and Ethernity Networks.
Provigent has 10 investors. Key investors include Broadcom, Lightspeed Venture Partners, Globespan Capital Partners, Sequoia Capital, and Pitango.
Yes. Provigent was acquired by Broadcom in March 2011.