iKoa

About iKoa

iKoa Semiconductor operated as a fabless semiconductor company, a business model where the firm designs and markets semiconductor chips while outsourcing the actual manufacturing process to a specialized manufacturer known as a foundry. This approach allows companies to concentrate resources on research and design rather than incurring the heavy capital expenditure required for fabrication facilities. The company was incorporated in India as Ikoa Semiconductor India Private Limited on November 21, 2006, with its registration at the Registrar of Companies in Hyderabad.

The firm focused on developing low-power, high-performance semiconductor products tailored for the consumer mobile device market, which includes mobile communications, entertainment, and personal computer sectors. According to company descriptions, their products were aimed at enabling designs with significantly higher performance and substantially lower power consumption compared to competing methods. The directors associated with the Indian entity were Kameswar Rao Venkata Pardha Tanikella and Bottu Srilakshmi Kameswari. The U.S.-based entity, iKoa, was founded in 2006 in Menlo Park and successfully raised a total of $19.2 million over four funding rounds, with its last round, a Series B, closing on July 16, 2010. Notable investors included Global Catalyst Partners and Khosla Ventures.

The company's last recorded Annual General Meeting was on September 12, 2014, and its last financial filings were for the fiscal year ending March 31, 2014. Both the U.S. and Indian entities have since ceased operations, with the Indian company's status listed as 'Strike Off' and the U.S. entity noted as 'Deadpooled'.