What is pSemi?
Founded in 1990 and headquartered in San Diego, California, Peregrine Semiconductor (pSemi) specializes in the design and production of advanced RF integrated circuits. These components are critical for a wide range of wireless communication applications, enabling devices to transmit and receive radio frequency signals efficiently. The company's technology is integral to the advancement of mobile devices, base stations, and other connected systems, positioning it as a key player in the semiconductor industry.
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 Morgenthaler Private Equity and Intel Capital
Other Financing Round (2002): $14M featuring Wasserstein Ventures and Morgenthaler Private Equity
Series A (2003): $23M backed by Morgenthaler Private Equity, Technology Venture Partners, Wasserstein Ventures, Intel Capital, Needham Capital Partners, Roser Ventures, Apax Partners, and Newlight Associates
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. Wasserstein manages capital on behalf of institutional and individual investors.
Morgenthaler Private Equity
Morgenthaler is a premier venture capital and private equity firm with over 40 years of experience in creating valuable companies. They specialize in investments in the Information Technology and Life Sciences sectors.
Intel Capital
Founded in 1991, Intel Capital, a division of Intel, invests in innovative startups targeting artificial intelligence, autonomous vehicles, datacenter, Cloud, 5G, next-generation compute, and a wide range of other technologies.
What's next for pSemi?
With a history of substantial capital raises, including a Series A round in 2003 and a Series C round in 2004, pSemi appears to be in a scaling or expansion phase, leveraging its enterprise-level funding to drive innovation and market penetration. The recent strategic investment suggests a focus on strengthening its market position and potentially exploring new technological frontiers in RF technology. Future growth will likely involve continued product development, strategic partnerships, and expanding its reach within the global telecommunications and electronics sectors.
See full pSemi company page
