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Invensense
Motion-tracking devices for consumer electronic products
About Invensense
Invensense, established in 2003 by Steve Nasiri, operates as a pivotal designer and manufacturer of micro-electromechanical systems (MEMS) sensor-on-chip solutions. Nasiri, an engineer with degrees from UC Berkeley, San Jose State University, and Santa Clara University, founded the company with his own seed money, leveraging his extensive experience in semiconductors and a background as a serial entrepreneur. His development of the "Nasiri Fabrication process" was foundational, creating a method to bond an ASIC wafer to a MEMS wafer, which enabled the production of smaller, more accurate, and cost-effective sensors.
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The company's business model is centered on a fabless manufacturing strategy, allowing it to focus on the design and sale of high-performance, integrated MEMS solutions while outsourcing production. Invensense primarily serves original equipment manufacturers (OEMs) across a wide array of markets, including consumer electronics, automotive, industrial, and the Internet of Things (IoT). A significant milestone in the company's history was its initial public offering in November 2011, which valued the company at nearly $800 million. Subsequently, in December 2016, the Japanese electronics giant TDK Corporation announced its acquisition of Invensense for approximately $1.3 billion, a deal that was completed in May 2017, making Invensense a wholly-owned subsidiary within TDK's newly formed Sensor Systems Business Company.
Invensense's product portfolio is comprehensive, featuring MotionTracking® systems-on-a-chip (SoCs) that integrate multi-axis gyroscopes, accelerometers, and sometimes magnetometers (compasses). These products provide precise tracking of motion, orientation, and vibration. The company's offerings extend to audio solutions with its SmartSound™ MEMS microphones, ultrasonic sensors through its SmartSonic™ line, and environmental sensors like barometric pressure and gas sensors. Its technology has been integrated into a multitude of high-volume products, including the Nintendo Wii, Apple's iPhone 6, and Samsung Galaxy smartphones. The firm's solutions are engineered for a variety of applications, such as optical image stabilization in cameras, navigation systems, augmented and virtual reality devices, and advanced driver-assistance systems (ADAS).
At a glance
- Status
- Acquired
- Founded
- 2003
- Headquarters
- San Jose, United States
- Employees
- 688
- Open positions
- None listed
- Dealroom signal
- 67.5/100
- Industry
- Semiconductors
- Sector
- Semiconductors, Audio, Consumer Electronics, Microelectronics, Sensor Tech, Sensors, Semiconductor Designers and Manufacturers, Hard Tech, DT and LS, science-based
- Technology
- Deep Tech, IoT InternetOfThings
- Business model
- Manufacturing
- Client focus
- b2c
- Investment activity
- 2 companies, latest Oct 2014
- Capital deployed
- —
- Preferred round
- ACQUISITION
Latest news
Press, funding announcements and product moves mentioning Invensense.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Dec 2016 | $0 | — | Undisclosed | — |
| IPO✓Exit | Nov 2011 | $75M | — | Undisclosed | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Invensense is 3.6K monthly website visits, up 414.3% over the last three months. Invensense's team declined 5.5% over the past year.
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|---|---|---|---|---|---|
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Tronics MicrosystemsAn international full service MEMS manufacturer |
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Sorex SensorsManufacturing high sensitivity MEMS mass sensors to transform industrial and consumer products |
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USoundMEMS speakers for a superior audio experience |
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NanusensMicroelectronic devices for applications in mobile, automotive, wearables, and connected devices |
Paignton, United Kingdom | Operational | |||
SensorDynamicsSensorDynamics was a fabless semiconductor & MEMS company focusing on micro and wireless sensor products |
Graz, Austria | Acquired | |||
Human Systems IntegrationA company developing wearable situational awareness products |
Walpole, United States | Operational |
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Trusted PositioningCalgary, CanadaTrusted Positioning, a TDK Group Company, has put together a world class team of innovators that have been solving some of the most difficult location problems for decades
$36Mvaluation
MoveaGrenoble, FranceProvider of data fusion and motion processing firmware, software, and IP
$29Mvaluation
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A3 investors entered at this stage
Qualcomm Ventures
Partech
Artiman Ventures
Series B and later2 investors entered at this stage
Sierra Ventures
Foxconn Technology Group
Other known investors2 additional known investors
SkyLake Incuvest- SVSood Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Invensense on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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