What is pSemi?
Founded in 1990 and headquartered in San Diego, California, Peregrine Semiconductor (pSemi) has established itself as a key player in the semiconductor industry, specializing in the design and manufacturing of high-performance RF CMOS integrated circuits. These components are critical for a wide range of applications, including mobile devices, base stations, and aerospace and defense systems, where efficient and reliable radio frequency signal processing is paramount. The company's focus on advanced CMOS technology allows for the integration of complex RF functionalities onto a single chip, offering advantages in terms of size, power consumption, and cost compared to traditional solutions. pSemi's commitment to innovation in RF technology positions it to capitalize on the increasing demand for higher bandwidth and more sophisticated wireless communication.
How much funding has pSemi raised?
pSemi has raised a total of $189.4M across 7 funding rounds:
Unspecified
$12.3M
Unspecified
$8M
Unspecified
$37.5M
Other Financing Round
$14M
Series A
$23M
Series C
$17.6M
Stock Offering
$77M
Unspecified (1997): $12.3M, investors not publicly disclosed
Unspecified (1999): $8M led by Wasserstein & Co.
Unspecified (2001): $37.5M supported by Intel Capital and Morgenthaler Private Equity
Other Financing Round (2002): $14M featuring Morgenthaler Private Equity and Wasserstein Ventures
Series A (2003): $23M backed by Intel Capital, Roser Ventures, Apax Partners, Morgenthaler Private Equity, Newlight Associates, Technology Venture Partners, Wasserstein Ventures, and Needham Capital Partners
Series C (2004): $17.6M with participation from Ridgewood Capital
Stock Issuance/Offering (2012): $77M, investors not publicly disclosed
Key Investors in pSemi
Wasserstein & Co.
Wasserstein & Co. is a leading independent private equity and investment firm, focused primarily on leveraged buyout investments and related investment activities in sectors like media, communications, and consumer products.
Intel Capital
Intel Capital, a division of Intel, invests in innovative startups targeting artificial intelligence, autonomous vehicles, datacenter, Cloud, 5G, and next-generation compute technologies.
Apax Partners
Apax Partners is a global private equity advisory firm with a sector-led investment strategy focusing on Tech, Services, and Internet/Consumer industries, known for its 'Digital DNA' approach.
What's next for pSemi?
The recent major strategic investment into Peregrine Semiconductor, totaling $77M, indicates a strong vote of confidence from its backers and suggests a strategic push towards scaling operations, expanding market reach, or accelerating product development. Given the company's established presence and the enterprise-level nature of its total funding, this capital injection likely supports initiatives aimed at solidifying its competitive edge in the rapidly evolving RF semiconductor market. Future endeavors may include further R&D into next-generation RF technologies, strategic partnerships, or potential market expansion into emerging sectors that rely heavily on advanced wireless connectivity.
See full pSemi company page
