What is SiTime?
Headquartered in Santa Clara, California, SiTime Corporation specializes in the development and manufacturing of advanced silicon-based timing solutions. The company's product portfolio, which includes precision oscillators, clock generators, and embedded resonators, serves as a critical component in the architecture of modern electronics. From ethernet switches and high-speed computing devices to mobile phones and sophisticated graphics cards, SiTime provides the essential frequency control required for reliable data transmission. By replacing traditional quartz-based technology with silicon alternatives, the company has carved out a significant niche in the semiconductor industry, offering superior performance, reliability, and miniaturization for global technology manufacturers.
How much funding has SiTime raised?
SiTime has raised a total of $189.1M across 11 funding rounds:
Series B
$10.5M
Series B
$12M
Series C
$20.6M
Angel/Seed
$11.1M
Series D
$20M
Private Equity
$20M
Series E
$20M
Multiple Rounds
$75M
Series B (1998): $10.5M, investors not publicly disclosed
Series B (2006): $12M led by Bosch, NEA, CampVentures, and Greylock
Series C (2007): $20.6M supported by Icon Ventures
Angel/Seed (2008): $11.1M, investors not publicly disclosed
Series D (2009): $20M backed by Icon Ventures
Private Equity (2009): $20M with participation from Jafco Ventures, Greylock Partners, and New Enterprise Associates
Series E (2011): $20M led by RUSNANO and Mobile Internet Capital
Private Equity (2014): $25M supported by Capital IP Investment Partners
Debt (2014): $15M featuring Capital IP Investment Partners
Other Financing Round (2014): $25M backed by Capital IP Investment Partners
Unspecified (2014): $10M with participation from Undisclosed
Key Investors in SiTime
Capital IP Investment Partners
Capital IP Investment Partners LP specializes in providing customized non-dilutive credit solutions for mid-to-late-stage technology companies, focusing on growth capital and recapitalization strategies.
Icon Ventures
Icon Ventures is a Palo Alto-based venture capital firm that focuses on early-stage investments in AI-native and transformative technology companies.
New Enterprise Associates
New Enterprise Associates is a long-standing venture capital firm headquartered in Menlo Park, dedicated to supporting entrepreneurs in building category-defining businesses.
What's next for SiTime?
With the support of major enterprise-level funding, SiTime is well-positioned to accelerate its research and development initiatives. The company is expected to focus on expanding its footprint in the burgeoning AI-native hardware sector and 5G infrastructure, where timing precision is paramount. By leveraging its historical capital base and strategic partnerships, SiTime aims to further optimize its manufacturing processes and broaden its product reach, ensuring it remains at the forefront of the timing technology market as global demand for high-bandwidth, low-latency connectivity continues to surge.
See full SiTime company page