Innovasic

ElectronicsSeries CAlbuquerque, USinnovasic.com

Latest round

Series C

Last raised

Mar 2007

Total raised

$10M

Investors

3

About Innovasic

Innovasic Inc.Founded in 1992 and headquartered in Albuquerque, US, Innovasic Inc. develops integrated circuits focused on enhancing system performance in diverse applications. The company has undergone significant growth, culminating in its acquisition by Analog Devices in October 2016, though financial details of the transaction were not disclosed. Innovasic is the only company under its operations, having specialized in developing innovative solutions since its inception.Innovasic Inc. specializes in designing and manufacturing integrated circuits that improve efficiency in communication and data processing systems. Their products are utilized in various sectors including automotive, industrial automation, and healthcare, contributing to advancements in system performance and reliability.Innovasic Inc. generates revenue through the sale of its integrated circuits and solutions directly to a variety of clients, primarily in a B2B context. Clients purchase these products for integration into their own systems and applications.Innovasic Inc. is focused on expanding its product offerings and market presence. The company plans to develop new integrated circuits designed to enhance performance and efficiency, although specific release dates have not been disclosed. Plans for geographic expansion target markets in Europe and Asia, aimed for execution by 2025.

Who invested in Innovasic

3 investors across 2 rounds

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Funding rounds

  1. Series C

    Mar 13, 2007

    Amount

    $6M

    Investors

    Locked

  2. Series B

    Mar 4, 2004

    Amount

    $4.2M

    Investors

    Locked

Questions about Innovasic

Who invested in Innovasic?

Innovasic has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Innovasic raised?

Innovasic has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Innovasic last raise money?

Innovasic's most recent round on record is a Series C, in Mar 2007.

What does Innovasic do?

Innovasic is a electronics company.

Where is Innovasic headquartered?

Innovasic is headquartered in Albuquerque, US.

Which VCs invest in companies like Innovasic?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back electronics companies at Innovasic's stage. Their profiles are linked below.

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