# Teranetics

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

- Industry: Electronics
- Headquarters: San Jose, US
- Website: www.teranetics.com
- Total disclosed funding: $63M
- Latest round: Series F (May 12, 2010)
- Investors on record: 7

## About

Teranetics, Inc. is a technology company focusing on high-speed connectivity through advanced semiconductor solutions, providing transceivers that enhance data transmission rates for diverse applications.Founded in 2002 and headquartered in San Jose, US, Teranetics operates in the high-speed connectivity sector, specializing in advanced semiconductor solutions. The company was acquired by PLX Technology Inc. in September 2010 for USD 66.00 mn, marking a strategic pivot in its operational focus.Teranetics specializes in providing innovative solutions in high-speed connectivity, focusing on advanced semiconductor technologies. Their core product offerings include high-performance transceivers that enable faster data transmission rates in applications such as data centers, telecommunications, and enterprise infrastructure. Teranetics addresses the growing demand for bandwidth and speed in networking, serving customers that include large enterprises, service providers, and technology firms across North America, Europe, and parts of Asia.Teranetics generates revenue through direct sales of its high-performance transceivers to technology firms and service providers. The company engages in B2B transactions, establishing partnerships that facilitate bulk purchasing agreements and long-term contracts. These agreements often include tailored pricing models, allowing clients to choose between annual subscriptions or one-time purchases. Their flagship products, recognized for superior performance, significantly contribute to the revenue stream, ensuring sustainable growth through a robust distribution network.With the recent acquisition by PLX Technology Inc., Teranetics aims to leverage its resources for expanding its product line and entering new markets. The company plans to launch new products designed for the evolving demands in networking by 2011, and to enhance its presence in European and Asian markets, targeting completion by 2012. The acquisition funding of USD 66.00 mn will support these initiatives, enabling Teranetics to strengthen its research and development efforts and drive market expansion.

## Funding rounds

- Series F, May 12, 2010, $7.8M — Columbia Capital, US Venture Partners, Granite Asia, Global Catalyst Partners, Venrock
- Series E, Sep 30, 2009, $10M — Columbia Capital, US Venture Partners, Granite Asia, Global Catalyst Partners, Venrock
- Series D, Feb 5, 2008, $25M — Columbia Capital, US Venture Partners, Granite Asia, Global Catalyst Partners, Venrock, LSI Corporation
- Series C, Nov 21, 2006, $20M — Columbia Capital, US Venture Partners, Portview Communications, Granite Asia, Global Catalyst Partners, Venrock

## Investors

- Columbia Capital (https://capitalatlas.ai/funds/columbia-capital) — Series C, Series D, Series E, Series F
- US Venture Partners (https://capitalatlas.ai/funds/us-venture-partners) — Series C, Series D, Series E, Series F
- Portview Communications (https://capitalatlas.ai/funds/portview-communications) — Series C
- Granite Asia (https://capitalatlas.ai/funds/granite-asia) — Series C, Series D, Series E, Series F
- Global Catalyst Partners (https://capitalatlas.ai/funds/global-catalyst-partners) — Series C, Series D, Series E, Series F
- Venrock (https://capitalatlas.ai/funds/venrock) — Series C, Series D, Series E, Series F
- LSI Corporation — Series D