About TelASIC Communications
TelASIC Communications is a Technology company based in El Segundo (United States) founded in 2001, and was acquired by Microelectronics Technology in May 2009. TelASIC Communications has raised $62.52 million across 5 funding rounds from investors including Microelectronics Technology, Mission Ventures and Redpoint Ventures. Its focus areas include Semiconductors, Analog and Mixed Signal ICs, Communication ICs and Cellular. Its competitors include Qualcomm, MaxLinear and CyOptics; 2 of its 3 listed competitors have raised funding.
Company details
Provider of cellular communication ICs. It designs and develops communication ICs.
- Headquarters El Segundo, United States
- Stage Acquired
- SectorsTechnology
- Website telasic.com
- Social LinkedIn
- Acquired by Microelectronics Technology (May 2009)
- Total Equity Funding$62.52M (USD)
in 5 rounds
- Latest Funding Round$11.02M (USD), Series D
Sep 2007
- InvestorsMicroelectronics Technology
& 2 more
- Acquired byMicroelectronics Technology
(May 2009)
Funding Insights of TelASIC Communications
TelASIC Communications has successfully raised a total of $62.52M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $11.02 million completed in September 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.
- Total Funding $62.52M
- Total Rounds 5
- Last Round Series D β $11.02M
- First Round $4.5M
(Jan 2003)
- Investors Count 2
All 5 funding rounds of TelASIC Communications 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 |
|---|---|---|---|---|---|
| Sep 2007 | $1.67M | Debt – Conventional | β | β | β |
| Sep 2007 | $11.02M | Series D | β | β | |
| Mar 2005 | $26M | Series C | β | β | |
| Oct 2003 | $21M | Series B | β | β | β |
| Jan 2003 | $4.5M | Series A | β | β | β |
3 investors in total: 3 institutional.
Investors in TelASIC Communications
TelASIC Communications has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Microelectronics Technology, Mission Ventures and Redpoint Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
VC firm for early-stage startups | missionventures.com | San Diego, United States | ||
Redpoint Ventures is engaged in venture capital investments. | redpoint.com | Woodside, United States | ||
RF devices for wireless and satellite communication are developed. | 1983 | mti.com.tw | Hsinchu, Taiwan |
Investor details for TelASIC Communications
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.
Timeline of TelASIC Communications
4 dated milestones of TelASIC Communications across 8 years, from founding to its latest funding, stage changes and deals.
- Founded TelASIC Communications is founded.
- Funding First funding round of $4.5M.
- Funding Latest funding round, Series D, of $11.0M.
- Exit Acquired by Microelectronics Technology.
Competitors of TelASIC Communications
TelASIC Communications has 3 listed competitors in our database, 2 of them funded. They include Qualcomm, MaxLinear and CyOptics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| qualcomm.com | 1985 | San Diego, United States | 49,000 | Provider of cloud and AI-based cellular communication ICs | ||
| maxlinear.com | 2003 | Carlsbad, United States | $20M | 463 | Integrated circuits for cellular and broadband communications are provided. | |
| cyoptics.com | 1999 | United States | $111.47M | 380 | Provider of Indium phosphide-based optical chips |
Detailed competitors of TelASIC Communications
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Semiconductors & ICs
3 companies that operate in the same segment as TelASIC Communications (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 TelASIC Communications
TelASIC Communications was founded in 2001 and raised its 1st funding round 2 years after it was founded.
TelASIC Communications is headquartered in El Segundo, United States. It is registered at El Segundo, California, United States.
TelASIC Communications is a funded company, having raised a total of $62.52M across 5 funding rounds to date. The company's 1st funding round was a Series A of $4.5M, raised on Jan 2003.
Provider of cellular communication ICs. It designs and develops communication ICs.
TelASIC Communications has 3 investors. Key investors include Microelectronics Technology, Mission Ventures, and Redpoint Ventures.
Yes. TelASIC Communications was acquired by Microelectronics Technology in May 2009.
