Teknovus
Broadcom Ltd. | Analog and digital semiconductor solutions for the wired infrastructure, wireless communications, enterprise storage and industrial markets
About Teknovus
Teknovus Inc. operated as a fabless semiconductor company, establishing a specific niche in the Fiber-to-the-Home (FTTH) market before its acquisition. Founded in 2001 in Petaluma, California, the company focused on developing and supplying the core silicon and software that powered broadband access networks. The founding team included Gary Pesavento, who had previous experience as a founder of optical access network company Alloptic, Inc., providing a relevant background for Teknovus's direction.
The company's business model was centered on the design and sale of high-performance chipsets and embedded software for Ethernet Passive Optical Network (EPON) systems. Its clients were primarily original equipment manufacturers (OEMs) who built the hardware, such as central office and customer premises equipment, for deployment by telecommunications service providers. Before its acquisition, Teknovus saw its technology adopted by over 35 service providers worldwide, particularly in the rapidly growing Asia-Pacific market.
Teknovus’s product portfolio consisted of system-on-a-chip (SoC) solutions for both Optical Line Terminals (OLTs), located in the service provider's central office, and Optical Network Units (ONUs), located at the subscriber's location. A key differentiator was its "Turbo-EPON" technology, which supported speeds of 2.5G and 10G, enabling carriers to offer advanced triple-play services like IPTV, high-speed data, and VoIP. Their chips were developed to handle high-capacity traffic management and provide quality of service for demanding applications such as multi-channel HDTV. The company secured over $60 million in venture capital funding across multiple rounds from investors including Partech, U.S. Venture Partners, Focus Ventures, and Mitsubishi. The firm's trajectory culminated in its acquisition by Broadcom in March 2010 for approximately $123 million, a move that integrated Teknovus's EPON technology into Broadcom's broader portfolio of service provider solutions.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Feb 2010 | $123M | $123M | Broadcom | — |
| EARLY VCOther financing | Nov 2009 | $5.6M | $22M | Mitsubishi UFJ Capital · Focus Ventures · Vision Ventures, Capital & Consulting · Partech | — |
Growth signals
Latest recorded traffic for Teknovus is 150 monthly website visits.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A5 investors entered at this stage
Mitsubishi UFJ Capital
Vision Ventures, Capital & Consulting
Partech
Itochu Technology Ventures- GGGalleon Group
Series B and later2 investors entered at this stage
Focus Ventures
Lightspeed Venture Partners
Other known investors1 additional known investor
Broadcom
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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