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Palmchip
Cybersecurity, SOC, and software consulting services
About Palmchip
Palmchip is a technology company specializing in cybersecurity, System-on-a-Chip (SoC) solutions, and software consulting. Founded in 1996 by Jauher Zaidi, the company initially pioneered System-on-a-Chip hardware and is recognized for inventing the first SoC CoreFrame interconnect technology. Before starting Palmchip, Zaidi held roles at Quantum, Unisys, Amdahl, and Samsung, and led the team that developed the first SSD system-on-chip controller at Quantum.
Over the years, Palmchip has transitioned from its origins in semiconductor intellectual property (IP) to a broader focus on security and software services. The company's business model encompasses licensing of configurable semiconductor IP platforms, onshore and offshore design consulting, and custom application development. It serves a diverse client base across sectors such as Deeptech, FinTech, Agtech, MedTech, and CyberTech, as well as healthcare, banking, and aerospace. Palmchip's service offerings include AI-powered cybersecurity, IoT and cloud security, risk assessments, and network analysis. The company also provides AI consulting for applications like natural language processing, image analysis, and predictive analytics.
Significant milestones in Palmchip's history include securing a $13 million Series B investment in 2000, incubating companies like eSilicon and SandForce, and selling its storage IP business to Mentor Graphics. The company has also spun out NetVinci Corporation for machine vision applications and partnered with aerospace developers on autonomous systems. Palmchip's technologies are reportedly embedded in over three billion devices worldwide, including those for wireless networking and SSD storage.
Source: Dealroom company dataAt a glance
- Founded
- 1996
- Headquarters
- Fallbrook, United States
- Sector
- Semiconductors
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