ApaceWave Technologies

About ApaceWave Technologies

Founded in 2005 and based in Fremont, California, ApaceWave Technologies operated in the semiconductor industry, focusing on the development of baseband processors for the global mobile market. The company was established by industry veterans with a track record in commercializing technological advancements. ApaceWave's core business involved creating next-generation mobile broadband solutions, specifically System-on-Chip (SoC) products based on the IEEE 802.16e / WiMAX standards. These solutions were designed to enable widespread wireless broadband connectivity.

The company's strategic focus was on providing mobile baseband processors to the mobile industry. Its products aimed to deliver high performance and flexibility by not only adhering to WiMAX standards but also by incorporating advanced optional features. Over its operational history, ApaceWave Technologies successfully raised a total of $19.9 million in capital over two Series A funding rounds. The first round in February 2006 brought in $12.1 million, with notable investors including Venrock and DCM Ventures. A subsequent Series A round in June 2010 secured an additional $7.8 million, led by Venrock and WK Technology Fund. Despite its efforts and investor backing, the company is now considered deadpooled.