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Internate Machine Corporation

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A family of network processor and switch fabric components

Oviedo, United StatesHard Tech
Valuation $100–250M Last recorded · 2001
Total funding $10–50M Disclosed equity funding
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About Internate Machine Corporation

Internet Machines Corporation operates as a private, fabless semiconductor company, established in the year 2000. The firm specializes in providing highly integrated communications integrated circuits (ICs) designed for network processing and switching. These components are crucial for high-speed optical networks, metropolitan area networks, and the broader internet infrastructure equipment.

The company was co-founded by Chris Hoogenboom and Frank P. Knuettel, II. Mr. Hoogenboom, serving as founder, chairman, president, and CEO, brought extensive engineering experience from his time at Xylan Corporation, where he was instrumental in developing next-generation Ethernet and ATM switching products and contributed to the company's significant revenue growth. His background also includes work as a design engineer at General Instrument Corporation, focusing on digital video consumer products. Mr. Knuettel, the other founder, assumed the roles of chief financial officer and vice president of operations. His prior experience includes serving as CFO and COO for Viking Systems, Inc., an enterprise software company, and as VP of operations and CFO for Fightertown Entertainment, where he was involved in strategic planning and financial management.

Internet Machines' product portfolio consists of wire-speed, fully programmable network processors, switch fabric components, and associated networking software. This suite of products is engineered to offer a flexible, interoperable, and field-upgradeable solution for system vendors. Clients can utilize the ICs either as a complete, synergistic system or as individual components to meet specific needs, with a primary benefit being the acceleration of their own products' time-to-market.

Source: Dealroom company data

At a glance

Status
Operational
Headquarters
Oviedo, United States
Open positions
None listed
Dealroom signal
1.6/100
Sector
Hard Tech, DT and LS
Technology
Deep Tech, IoT InternetOfThings
Links
Website

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES C✓Equity / VC Jul 2001 $41M $164M Banc of America Securities —
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Growth signals

Internate Machine Corporation website traffic

Latest recorded traffic for Internate Machine Corporation is 0 monthly website visits, down 100% over the last three months.

Latest monthly visits0 3-month web change-100%
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Similar companies

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

1 investor on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later1 investor entered at this stage

  • Banc of America Securities
Team profiled 1 named & role-tagged
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Potential founders Hidden — book a demo likely future founders
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Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Oviedo HQ
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Market sentiment

Posts on X, past 7 days

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