About Summit Microelectronics
Summit Microelectronics is a Technology company based in Sunnyvale (United States) founded in 1997, and was acquired by Qualcomm in June 2012. Integrated circuits for power management are designed and manufactured. Summit Microelectronics has raised $13.31 million across 2 funding rounds from investors including Qualcomm, Bessemer Venture Partners and Norwest Venture Partners. The company was acqui-hired. Its focus areas include Semiconductors, Analog and Mixed Signal ICs, Power and Power Management ICs. Its competitors include Alpha & Omega Semiconductor, Iwatt and Empower Semiconductor; 2 of its 3 listed competitors have raised funding.
Company details
Summit Microelectronics was founded in 1997 and is headquartered in Sunnyvale, United States. Operations focus on the semiconductor sector, where integrated circuits combining analog and digital technologies are developed and produced. Power management solutions are provided for consumer, communications, and computing applications. Products encompass environmental and power monitors, battery chargers, and multi-output power supplies.
- Headquarters Sunnyvale, United States
- Stage Acquired
- SectorsTechnology
- Website summitmicro.com
- Social LinkedIn
- Acquired by Qualcomm (Jun 2012)
Funding Insights of Summit Microelectronics
Summit Microelectronics has successfully raised a total of $13.31M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $3.31 million completed in July 2011. 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 $13.31M
- Total Rounds 2
- Last Round Series B — $3.31M
- First Round $10M
(Feb 2007)
- Investors Count 5
All 2 funding rounds of Summit Microelectronics 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 |
|---|---|---|---|---|---|
| Jul 2011 | $3.31M | Series B | – | NGP Capital | – |
| Feb 2007 | $10M | Series B | – | – |
6 investors in total: 6 institutional.
Investors in Summit Microelectronics
Summit Microelectronics has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Qualcomm, Bessemer Venture Partners and Norwest Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on B2B companies | ngpcap.com | Palo Alto, United States | ||
Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors. | 1961 | nvp.com | Menlo Park, United States | |
Venture capital is invested personally in fewer enterprises, with support provided for building game-changing businesses. | augustcap.com | |||
Venture capital investments and support for entrepreneurs in technology and innovation sectors. | 1911 | bvp.com | Redwood City, United States | |
| pequotcap.com | ||||
Provider of cloud and AI-based cellular communication ICs | 1985 | qualcomm.com | San Diego, United States |
Investor details for Summit Microelectronics
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Timeline of Summit Microelectronics
4 dated milestones of Summit Microelectronics across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Summit Microelectronics is founded.
- Funding First funding round of $10.0M.
- Funding Latest funding round, Series B, of $3.3M.
- Exit Acquired by Qualcomm.
Competitors of Summit Microelectronics
Summit Microelectronics has 3 listed competitors in our database, 2 of them funded. They include Alpha & Omega Semiconductor, Iwatt and Empower Semiconductor.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| aosmd.com | 2000 | Sunnyvale, United States | 2,468 | Power semiconductor components are supplied for electronic devices. | ||
| iwatt.com | 2000 | Los Gatos, United States | $25.8M | 385 | Power supply control integrated circuits are designed and manufactured. | |
| empowersemi.com | 2014 | San Francisco, United States | $215M | Novel on-chip power management architecture for SoCs is developed. |
Detailed competitors of Summit Microelectronics
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- Full competitor set
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Web traffic of Summit Microelectronics
Websites that share an audience with Summit Microelectronics (summitmicro.com).
Websites whose visitors overlap most with Summit Microelectronics. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
cj-elec.com | cj-elec.com | 100% | – | ||
advanced-monolithic.com | advanced-monolithic.com | 100% | #1,279,058 | – | |
acami.com | acami.com | 100% | – | ||
| telcom-semi.com | 100% | View details | |||
| deiaz.com | 100% | #9,631,145 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 23 similar websites and full traffic analytics for Summit Microelectronics
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- 23 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Semiconductors & ICs
3 companies that operate in the same segment as Summit Microelectronics (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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Related news about Summit Microelectronics
Complete news archive for Summit Microelectronics
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Frequently Asked Questions about Summit Microelectronics
Summit Microelectronics was founded in 1997 and raised its 1st funding round 10 years after it was founded.
Summit Microelectronics is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California, United States.
Summit Microelectronics is a funded company, having raised a total of $13.31M across 2 funding rounds to date. The company's 1st funding round was a Series B of $10M, raised on Feb 2007.
Summit Microelectronics was founded in 1997 and is headquartered in Sunnyvale, United States. Operations focus on the semiconductor sector, where integrated circuits combining analog and digital technologies are developed and produced. Power management solutions are provided for consumer, communications, and computing applications. Products encompass environmental and power monitors, battery chargers, and multi-output power supplies.
Summit Microelectronics's top competitors include Alpha & Omega Semiconductor, Empower Semiconductor and Iwatt.
Summit Microelectronics has 6 investors. Key investors include Qualcomm, Bessemer Venture Partners, Norwest Venture Partners, NGP Capital, and August Capital.
Yes. Summit Microelectronics was acquired by Qualcomm in June 2012.