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Internet Machines

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Private, fabless semiconductor company

Agoura Hills, United StatesFounded 2000Semiconductors
Valuation $100–250M Last recorded · 2001
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Internet Machines and the history behind them.

About Internet Machines

Internet Machines Corporation was a fabless semiconductor company that developed and offered highly integrated communications integrated circuits (ICs). The firm was established by co-founders Chris Hoogenboom and Frank P. Knuettel, II. Before creating Internet Machines, Hoogenboom was involved in engineering development for Xylan Corporation, contributing to its substantial revenue growth, and holds several U.S. patents in data networking and digital video compression. Knuettel brought financial and operational expertise from his roles as CFO at Viking Systems, Inc. and Fightertown Entertainment.

The company's business focused on providing protocol-independent communications ICs to original equipment manufacturers (OEMs). This positions them within the communications infrastructure segment, supplying critical components for both wireless and wired networking equipment. A key aspect of their product offering was the licensing of their PCI Express technology, which was designed for standards-based serial switching. This technology facilitates high-speed data transfer and communication within complex electronic systems, such as blade servers.

In a significant strategic move in 2004, Integrated Device Technology (IDT) acquired Internet Machines Corporation. This acquisition was pivotal for IDT, enabling them to accelerate their entry into the serial switching market by incorporating Internet Machines' established PCI Express technology. Following the acquisition, IDT transformed the operations into a new serial switching division, indicating the value placed on the specialized technology and expertise brought by Internet Machines.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2000
Headquarters
Agoura Hills, United States
Open positions
None listed
Dealroom signal
20.0/100
Industry
Semiconductors
Sector
Semiconductors, Chips, Semiconductor Designers and Manufacturers, Chips and Processors, Hard Tech, DT and LS, science-based
Technology
Deep Tech
Business model
Manufacturing
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES COther financing Jul 2001 $41M $164M Exar Corporation —
SERIES BOther financing Sep 2000 $30M $120M Meritech Capital —
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Growth signals

Internet Machines website traffic

Latest recorded traffic for Internet Machines is 0 monthly website visits.

Latest monthly visits0
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

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

Investors

3 investors on the cap table

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

Series A2 investors entered at this stage

Series B and later1 investor entered at this stage

  • Exar Corporation
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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 · Agoura Hills HQ
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Market sentiment

Posts on X, past 7 days

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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