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SiliconBlue Technologies

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SiliconBlue manufactures ultra-low power, programmable logic devices for mobile devices and hand-held electronics

San Jose, United StatesFounded 2005Energy
Valuation $50–100M Last recorded · 2011
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
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About SiliconBlue Technologies

SiliconBlue Technologies, established in 2006, carved a specific niche in the semiconductor industry by focusing on ultra-low power Field Programmable Gate Array (FPGA) solutions. The company was founded by Kapil Shankar, a seasoned professional in programmable logic, who also served as its CEO, and Antti Kokkinen of venture capital firm BlueRun Ventures. Shankar's extensive background in semiconductors and programmable logic was instrumental in steering the company's direction. Before its acquisition, the company was privately held and successfully raised approximately $73 million through multiple funding rounds, backed by investors such as BlueRun Ventures, Crosslink Capital, NEA, and Atlantic Bridge.

The firm's business centered on providing programmable logic solutions, specifically for the consumer handheld and mobile device market. Its clients were primarily top-tier consumer Original Equipment Manufacturers (OEMs) developing products like smartphones, e-readers, tablets, digital cameras, and other portable, battery-operated devices. SiliconBlue's revenue model was based on the sale of its semiconductor chips, having shipped millions of units before its acquisition. A significant milestone was its acquisition by Lattice Semiconductor in December 2011 for approximately $62 million in cash. This event marked a strategic move for Lattice to enhance its position in the mobile consumer market, integrating SiliconBlue's team and product lines. Following the acquisition, Kapil Shankar transitioned to Lattice as the Corporate Vice President of the Mobility Business Unit.

SiliconBlue's core offering was its 'mobileFPGA' devices, most notably the iCE65 and iCE40 series. These were single-chip, CMOS SRAM-based FPGAs engineered for minimal power consumption, a critical requirement for battery-powered electronics. A key feature was the patented non-volatile configuration memory (NVCM), which integrated the memory needed to configure the FPGA directly onto the chip, eliminating the need for a separate external component and thus saving space and cost. This allowed mobile device designers to quickly add or modify features like connectivity, sensor management, and video processing late in the development cycle, offering the flexibility of FPGAs at prices competitive with ASICs. The company also provided a comprehensive design environment, including iCEcube development software and evaluation kits, to support its customers.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2005
Headquarters
San Jose, United States
Employees
12
Open positions
None listed
Dealroom signal
25.0/100
Industry
Energy, Semiconductors
Sector
Energy, Hard Tech, DT and LS, science-based
Technology
Hardware, Deep Tech
Business model
Manufacturing
Client focus
b2b

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Dec 2011 $62M $62M Lattice Semiconductor —
SERIES DOther financing Jun 2011 $18M $72M NEA · BlueRun Ventures · Apex Venture Partners · Crosslink Capital —
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Growth signals

SiliconBlue Technologies website traffic

Latest recorded traffic for SiliconBlue Technologies is 370 monthly website visits. SiliconBlue Technologies's team grew 9.1% over the past year.

Latest monthly visits370 1-year team growth+9.1%
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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

6 investors on the cap table

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

Series A3 investors entered at this stage

Series B and later2 investors entered at this stage

  • Atlantic Bridge
  • Apex Venture Partners

Other known investors1 additional known investor

  • Lattice Semiconductor
Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
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
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about SiliconBlue Technologies 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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