# Reno Sub-Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/reno-sub-systems

- Industry: Semiconductors
- Headquarters: Sparks, US
- Website: www.renosubsystems.com
- Total disclosed funding: $32M
- Latest round: Series C (Sep 27, 2017)
- Investors on record: 7

## About

Reno Sub-Systems Inc. develops innovative technology solutions to improve operational efficiency, providing advanced software platforms that enhance data analytics and workflow management for various industries.Reno Sub-Systems Inc. specializes in technology solutions, founded in 2013 in Sparks, US. The company has participated in 4 deals, with the latest funding from a Series C round in March 2022, raising USD 11.20 mn led by Samsung Venture Investment alongside key investors like Hitachi and Intel Capital. In March 2022, the company was acquired by ASM International NV for an undisclosed amount. CEO Ravi Kumar and Robert Macknight lead the company.Reno Sub-Systems Inc. offers innovative technology solutions tailored to enhance operational efficiency across multiple sectors. Its core product is an advanced software platform that integrates seamlessly with existing business infrastructures, facilitating real-time data analytics and efficient workflow management. The solutions address critical challenges in resource allocation and data accuracy, serving mid-sized enterprises and large corporations primarily in manufacturing, logistics, and retail across North America and Europe.The company generates revenue through subscription-based models and direct B2B transactions, with clients engaging in annual contracts for access to their software platform. Pricing plans are tiered based on the scale of operations and user numbers, enabling various organizations to select suitable options. Partnerships with technology stakeholders further enhance revenue through integrated solutions, fostering long-term client relationships that ensure ongoing renewals and upselling opportunities.Looking ahead, Reno Sub-Systems Inc. is focusing on launching new products designed to further enhance their software capabilities, with specific details on releases expected by late 2023. The company is also targeting market expansion into Asia and South America by 2024. The funds raised in the Series C round will support these initiatives and facilitate entry into new geographic regions, enhancing their presence in the global technology landscape.

## Funding rounds

- Series C, Sep 27, 2017, $11M — Intel Capital, Hitachi, Samsung Venture Investment, MKS Instruments, Inc., SK Hynix, Lam Research Corporation
- Series B, May 9, 2016, $14M — Intel Capital, MKS Instruments, Inc.
- Series A, Nov 5, 2014, $6.6M — Intel Capital, Invest Nova Scotia

## Investors

- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series A, Series B, Series C
- Invest Nova Scotia — Series A
- MKS Instruments, Inc. — Series B, Series C
- Hitachi — Series C
- Samsung Venture Investment (https://capitalatlas.ai/funds/samsung-venture-investment) — Series C
- SK Hynix — Series C
- Lam Research Corporation — Series C