# eASIC Corporation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/easic

- Industry: Semiconductors
- Headquarters: Santa Clara, US
- Website: www.easic.com
- Total disclosed funding: $88M
- Latest round: Series A (Jul 10, 2013)
- Investors on record: 7

## About

eASIC Corporation is a technology company that designs and manufactures custom ASICs (Application Specific Integrated Circuits), focusing on delivering tailored solutions for various applications through its innovative platform.Founded in 1999, eASIC Corporation operates in Santa Clara, US, specializing in custom ASIC design and manufacturing. The company has completed 17 funding deals, with its most recent deal occurring on July 19, 2018, when it raised USD 390,000 in venture debt funding from returning investor Seagate Technology Holdings and other unspecified investors. The company has not undergone significant pivots in its business strategy and does not have any known subsidiaries or parent organizations.eASIC Corporation specializes in the design and manufacture of custom Application Specific Integrated Circuits (ASICs). Their core offerings include a range of products that are engineered to provide high performance for a variety of applications, including telecommunications, data centers, and consumer electronics. eASIC's products are utilized globally, addressing complex design needs across multiple sectors, with significant markets in North America, Europe, and Asia-Pacific.eASIC Corporation generates revenue primarily through the sale of its custom ASIC products, alongside related design and development services. This revenue model emphasizes B2B transactions, with a focus on long-term partnerships with businesses in various sectors, including telecommunications and data centers. Customers typically engage in multi-year agreements to access eASIC's solutions, which include tailored ASIC designs that cater to specific industry requirements, thereby establishing a structured pricing plan that accommodates initial purchases and ongoing support services.eASIC Corporation aims to broaden its market presence by launching new custom ASIC products designed to meet the evolving demands of the telecommunications and data center sectors. The company intends to utilize its recent funding from July 2018 to support the development of these upcoming products and to expand its reach into European and Asian markets by 2021. This strategic expansion is expected to enhance its competitive position while addressing the increasing need for efficient and high-performance integrated circuit solutions across various industries.

## Funding rounds

- Series A, Jul 10, 2013, $17M — Evergreen Partners, Kleiner Perkins, Khosla Ventures, Seagate Technology LLC, Crescendo Group
- Series E, Jun 14, 2010, $11M — Crescendo Ventures, Khosla Ventures
- Series D, Mar 13, 2008, $48M — Crescendo Ventures, Evergreen Partners, Kleiner Perkins, Khosla Ventures, Advanced Equities
- Series C, Apr 4, 2005, $7.5M — Kleiner Perkins
- Series C, May 28, 2004, $5M — Kleiner Perkins

## Investors

- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series C, Series D, Series A
- Crescendo Ventures (https://capitalatlas.ai/funds/crescendo-ventures) — Series D, Series E
- Evergreen Partners — Series D, Series A
- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Series D, Series E, Series A
- Advanced Equities (https://capitalatlas.ai/funds/advanced-equities) — Series D
- Seagate Technology LLC — Series A
- Crescendo Group (https://capitalatlas.ai/funds/crescendo-group) — Series A