# Icera

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

- Industry: Telecoms
- Headquarters: Bristol, UK
- Website: www.icerasemi.com
- Total disclosed funding: $143M
- Latest round: Series D (Apr 6, 2008)
- Investors on record: 6

## About

Icera is a semiconductor company specializing in advanced modem technology for mobile devices, enhancing connectivity for smartphones and tablets through high-performance multimode solutions.Founded in 2002 in Bristol, UK, Icera develops innovative modem technology for mobile communications. In June 2011, the company was acquired by NVIDIA Corporation for USD 367 mn. Icera has completed 11 deals since its inception, positioning itself as a key player in the mobile technology sector.Icera specializes in the development of advanced soft modem technology for mobile devices, specifically targeting next-generation smartphones and tablets. The company's core product offerings include high-performance multimode data modem platforms that support LTE, HSPA+, 3G, and 2G connectivity. These modems are designed to enhance data transmission speeds and reliability, addressing the growing demand for seamless mobile internet experiences. Icera’s innovative technology is utilized by leading device manufacturers and network operators across various geographical markets, including North America, Europe, and parts of Asia. The end users of Icera’s products include consumers and businesses that rely on robust mobile communication solutions for everyday activities, such as streaming, gaming, and remote work.In 2007, Icera reported a revenue of USD 1.86 mn, while experiencing an EBITDA loss of USD 30.11 mn during the same year. The company's revenue model is primarily based on business-to-business transactions with device manufacturers and telecom operators, forming partnerships to integrate its modem technology into various devices.Icera's recent acquisition by NVIDIA Corporation in June 2011 for USD 367 mn opens avenues for future growth. The company aims to enhance its product line with new modem technologies and expand into emerging markets across Asia and Europe by 2013. Funding from this acquisition is anticipated to support these initiatives and bolster R&D efforts in developing next-gen connectivity solutions.

## Funding rounds

- Series D, Apr 6, 2008, $40M — 3i, Accel, Amadeus Capital Partners, Atlas Venture, Balderton Capital, Tudor Investment Corporation
- Series C, Oct 17, 2006, $20M — 3i
- Series C, Mar 15, 2006, $40M — Accel, Amadeus Capital Partners, Atlas Venture, Balderton Capital
- Series B, Apr 6, 2005, $10M — Accel, Atlas Venture, Balderton Capital
- Series B, Jul 12, 2004, $23M — Accel, Atlas Venture, Balderton Capital
- Series A, Feb 3, 2003, $10M — Atlas Venture, Balderton Capital

## Investors

- Atlas Venture (https://capitalatlas.ai/funds/atlas-venture) — Series A, Series B, Series C, Series D
- Balderton Capital (https://capitalatlas.ai/funds/balderton-capital) — Series A, Series B, Series C, Series D
- Accel (https://capitalatlas.ai/funds/accel) — Series B, Series C, Series D
- Amadeus Capital Partners (https://capitalatlas.ai/funds/amadeus-capital-partners) — Series C, Series D
- 3i (https://capitalatlas.ai/funds/3i) — Series C, Series D
- Tudor Investment Corporation — Series D