# GCT Semiconductor

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gct-semiconductor

- Industry: Semiconductors
- Headquarters: San Jose, US
- Website: www.gctsemi.com
- Total disclosed funding: $180M
- Latest round: Series F (Jan 4, 2011)
- Investors on record: 21

## About

GCT Semiconductor, Inc. is a provider of advanced semiconductor solutions, focusing on enabling high-speed connectivity through their specialized chipsets for 4G and 5G technologies.GCT Semiconductor, Inc. is engaged in designing and supplying semiconductor solutions for wireless communication. Founded in 1998 in San Jose, US, the company has conducted 8 deals. The latest funding round, amounting to USD 23.81 mn, was raised in September 2014 from Parakletos Ventures. John Schlaefer serves as the CEO.GCT Semiconductor, Inc. specializes in the design and supply of advanced semiconductor solutions, particularly for 4G and 5G technologies. Their core product offerings include high-speed LTE chips and modules, which are essential for enabling superior connectivity in a wide range of commercial devices. These products are optimized for various applications, including smartphones, tablets, hotspots, USB dongles, routers, and Internet of Things (IoT) devices, addressing the increasing demand for robust wireless communication solutions. GCT's products are certified by leading telecommunications operators, ensuring that they meet industry standards and are suitable for deployment in diverse markets. The company serves an extensive client base globally, with significant operations in North America and partnerships with firms such as Airspan Networks and Orbic North America, LLC.GCT Semiconductor generates revenue primarily through B2B transactions, engaging in partnerships with telecommunications operators and technology providers. Their business model often involves the sale of semiconductor chipsets and modules to clients for integration into their products. These transactions typically follow a structured agreement for volume purchases, particularly with clients who require tailored solutions for specific applications. While precise pricing details for GCT's products are not publicly disclosed, the company’s flagship offerings, including their new 5G chipsets, represent pivotal components in the market for high-speed connectivity solutions. The delivery of these products to lead customers occurs in stages, supporting their immediate evaluation and integration into commercial devices, thereby facilitating ongoing revenue streams as demand for next-generation connectivity continues to grow.Looking ahead, GCT Semiconductor, Inc. aims to launch new products designed to enhance their semiconductor offerings. The company is also focused on expanding into new geographic regions, particularly targeting markets in Europe and Asia by 2025. The recent funding of USD 23.81 mn raised in September 2014 from Parakletos Ventures will support these initiatives, enabling the development of advanced products and the establishment of new market partnerships.

## Funding rounds

- Series F, Jan 4, 2011, $80M — DNX Ventures, yet2ventures
- Series F, Dec 11, 2007, $19M — FirstMark Capital, Samsung Venture Investment, Parakletos Ventures
- Series E, Aug 21, 2006, $5M — Japan Asia Investment Company, DOCOMO Innovations
- Series D, Nov 16, 2004, $22M — STIC Investments, FirstMark Capital, Eastgate Capital Group, Partners At Venture, Samsung Venture Investment, Pequot Ventures, Parakletos Ventures, Bokwang Venture Capital, KGI Partners, Nexus Investment Corporation
- Series C, Dec 4, 2002, $38M — 3V SourceOne Capital, UOB Venture Management, FirstMark Capital, National Semiconductor Corp., Pericom Semiconductor Corporation, ITX International Equity, Mizuho Capital, Federated Hermes
- Series B, Apr 12, 2000, $14M — Parakletos Ventures
- Series A, Oct 18, 1999, $1.4M — Parakletos Ventures

## Investors

- Parakletos Ventures (https://capitalatlas.ai/funds/parakletos-ventures) — Series A, Series B, Series D, Series F
- 3V SourceOne Capital (https://capitalatlas.ai/funds/3v-sourceone-capital) — Series C
- UOB Venture Management (https://capitalatlas.ai/funds/uob-venture-management) — Series C
- FirstMark Capital (https://capitalatlas.ai/funds/firstmark-capital) — Series C, Series D, Series F
- National Semiconductor Corp. — Series C
- Pericom Semiconductor Corporation — Series C
- ITX International Equity — Series C
- Mizuho Capital (https://capitalatlas.ai/funds/mizuho-capital) — Series C
- Federated Hermes (https://capitalatlas.ai/funds/federated-hermes) — Series C
- STIC Investments (https://capitalatlas.ai/funds/stic-investments) — Series D
- Eastgate Capital Group (https://capitalatlas.ai/funds/eastgate-capital-group) — Series D
- Partners At Venture (https://capitalatlas.ai/funds/partners-at-venture) — Series D
- Samsung Venture Investment (https://capitalatlas.ai/funds/samsung-venture-investment) — Series D, Series F
- Pequot Ventures (https://capitalatlas.ai/funds/pequot-ventures) — Series D
- Bokwang Venture Capital (https://capitalatlas.ai/funds/bokwang-venture-capital) — Series D
- KGI Partners (https://capitalatlas.ai/funds/kgi-partners) — Series D
- Nexus Investment Corporation (https://capitalatlas.ai/funds/nexus-investment-corporation) — Series D
- Japan Asia Investment Company (https://capitalatlas.ai/funds/japan-asia-investment-company) — Series E
- DOCOMO Innovations (https://capitalatlas.ai/funds/docomo-innovations) — Series E
- DNX Ventures (https://capitalatlas.ai/funds/dnx-ventures) — Series F
- yet2ventures (https://capitalatlas.ai/funds/yet2ventures) — Series F