# Kilopass Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kilopass-technology

- Industry: Hardware
- Headquarters: San Jose, US
- Website: www.kilopass.com
- Total disclosed funding: $34M
- Latest round: Series C (Feb 8, 2008)
- Investors on record: 6

## About

Kilopass Technology Inc. specializes in non-volatile memory IP solutions, providing advanced technology that enhances semiconductor functionality and efficiency for various applications in the electronics industry.Founded in 2001 and headquartered in San Jose, US, Kilopass Technology Inc. focuses on delivering innovative non-volatile memory solutions. The company's CEO is Charlie Cheng, who has been instrumental in driving its strategic initiatives. The company has engaged in 9 total deals, with its most recent funding round being a Series D raising USD 2.29 mn on August 27, 2015, bringing the total amount raised to USD 2.29 mn and currently valuing the company at USD 14.44 mn.Kilopass Technology Inc. provides high-quality non-volatile memory solutions designed for integration into semiconductor devices. Their offerings are pivotal for applications requiring reliable data retention, catering to industries like consumer electronics, automotive, and telecommunications. The company's products enable clients to address memory challenges effectively, enhancing overall device performance.Kilopass Technology Inc. generates revenue primarily through licensing agreements for its non-volatile memory IP solutions. Their clients, mainly from the semiconductor and electronics sectors, engage in annual licensing contracts that include support services tailored to their development needs. The revenue model is designed to provide scalable access to Kilopass' innovative technology, ensuring that customer projects are supported adequately.Kilopass Technology Inc. plans to leverage its recent Series D funding of USD 2.29 mn to enhance its research and development efforts, focusing on the development of next-generation non-volatile memory products. The company aims to expand its market presence in Asia and Europe by 2025, targeting new partnerships that will facilitate entry into emerging markets. The funding will support ongoing product innovations and strategic marketing initiatives to build a stronger customer base.

## Funding rounds

- Series C, Feb 8, 2008, $6.5M — Pitango, US Venture Partners, BlueRun Ventures, iGlobe Partners
- Series C, Sep 5, 2006, $7M — Pitango, US Venture Partners, BlueRun Ventures, iGlobe Partners
- Series C, Oct 5, 2005, $8M — Pitango, US Venture Partners, BlueRun Ventures, iGlobe Partners
- Series B, Apr 1, 2005, $7.2M — iGlobe Partners, Investar Venture Fund
- Series B, Dec 16, 2002, $5.3M — InveStar Capital

## Investors

- InveStar Capital (https://capitalatlas.ai/funds/investar-capital) — Series B
- iGlobe Partners (https://capitalatlas.ai/funds/iglobe-partners) — Series B, Series C
- Investar Venture Fund — Series B
- Pitango (https://capitalatlas.ai/funds/pitango) — Series C
- US Venture Partners (https://capitalatlas.ai/funds/us-venture-partners) — Series C
- BlueRun Ventures (https://capitalatlas.ai/funds/bluerun-ventures) — Series C