# CopperGate Communications

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/coppergate-communications

- Industry: Electronics
- Headquarters: Milpitas, US
- Website: www.copper-gate.com
- Total disclosed funding: $18M
- Latest round: Series C (Nov 22, 2005)
- Investors on record: 4

## About

CopperGate Communications specializes in advanced IPTV solutions, offering high-quality streaming technologies to enhance the viewing experience for service providers and their customers.Founded in 2000, CopperGate Communications is based in Milpitas, US, and focuses on developing IPTV technologies. The company was acquired by Sigma Designs in November 2009 for USD 160 mn. Throughout its history, it has engaged in 5 deals to expand its market presence, and currently, it operates without any known subsidiaries or parent companies.CopperGate specializes in the development and provision of advanced IPTV (Internet Protocol Television) solutions, focusing on delivering high-quality streaming experiences to end users. Their core offerings include sophisticated chipset technologies designed to enhance video quality and performance in IPTV services, making them essential for service providers aiming to meet growing consumer demands. These chipsets enable seamless access to a wide range of digital content and television channels, positioning CopperGate as a significant player in the digital entertainment landscape. Their products are utilized by various service providers across multiple geographical markets, notably in regions with high internet penetration and a strong appetite for digital content, such as North America, Europe, and parts of Asia. The company targets a diverse client base, including telecommunications companies, cable operators, and other media service providers, ensuring that a wide array of consumers can access innovative television solutions.Copper-Gate's revenue model primarily revolves around B2B transactions, where the company partners with service providers and telecommunications firms to supply its IPTV technologies. These partnerships typically involve licensing agreements and direct sales of chipset technologies, which are critical to the functionality of IPTV services. Revenue is generated through structured agreements, often encompassing subscriptions for ongoing support and updates to their technologies. Clients benefit from tailored pricing plans based on their specific service offerings, enhancing their capabilities to deliver high-definition content to end users. This strategic approach not only fortifies Copper-Gate's market position but also establishes a reliable income stream through long-term partnerships with established players in the broadcasting and media industries.Having recently undergone an acquisition by Sigma Designs, CopperGate Communications aims to leverage this partnership to enhance its product offerings and explore new market opportunities. The acquisition deal, finalized on November 12, 2009, for USD 160 mn, positions the company to invest in the development of new IPTV technologies, expanding its reach into emerging markets. This strategic growth is aimed primarily at regions with increasing digital content consumption and IPTV service demand.

## Funding rounds

- Series C, Nov 22, 2005, $15M — Challenge Fund, DFJ Tamir Fishman Ventures, Viola Group
- Series B, Feb 20, 2003, $3.5M — DFJ Tamir Fishman Ventures, Challenge Fund, TechnoPlus Ventures

## Investors

- DFJ Tamir Fishman Ventures (https://capitalatlas.ai/funds/dfj-tamir-fishman-ventures) — Series B, Series C
- Challenge Fund (https://capitalatlas.ai/funds/challenge-fund) — Series B, Series C
- TechnoPlus Ventures (https://capitalatlas.ai/funds/technoplus-ventures) — Series B
- Viola Group (https://capitalatlas.ai/funds/viola-group) — Series C