Fresco Logic

About Fresco Logic

Fresco Logic, established in 2008, operates as a fabless semiconductor company from its headquarters in Beaverton, Oregon. The company was founded by a team of technical experts, including Jing-fan Zhang, who also served as CEO and brought extensive experience from the semiconductor industry, having worked with major companies like Intel and Synopsys. His background, including a Master of Science in Electrical Engineering from Gonzaga University, provided a strong foundation for the company's focus on advanced connectivity solutions.

The business centers on designing and providing high-speed input/output (I/O) silicon and connectivity solutions for a broad market that includes consumer electronics, personal computing, mobile devices, and the Industrial Internet of Things (IIoT). Fresco Logic's business model is that of a fabless semiconductor firm, meaning it designs the integrated circuits and outsources the manufacturing process. Its revenue is derived from selling these specialized chip products. The company provides solutions such as SuperSpeed USB 3.0, USB 3.1, USB Type-C, and PCI Express connectivity products.

Fresco Logic's product portfolio includes host controllers, extensible host controller interface (xHCI) products, and chips for USB Power Delivery. One of its notable developments was the F-One technology, a family of highly-integrated aggregation controllers designed to combine various protocols into a single serial channel, which has applications in multi-sensor environments and automotive wire reduction. Throughout its history, the company successfully raised capital, including a Series A round of $3.5M in 2009, a Series B of $8M in 2010, and a later Series C round in 2011, totaling at least $17.5M in funding. A significant milestone occurred in April 2020, when Parade Technologies announced its agreement to acquire Fresco Logic for $37.5 million in cash, a transaction that was completed in June 2020. This acquisition was intended to leverage Fresco Logic's expertise in USB technologies to accelerate Parade's development of the USB4 standard and beyond.