
Magnum Semiconductor was a fabless semiconductor company that specialized in designing and developing analog and mixed-signal integrated circuits.
The company was founded in 1996 and was headquartered in San Diego, California. Its products were used in a variety of applications, including consumer electronics, industrial control systems, and automotive systems.
Magnum Semiconductor's products were known for their high performance and reliability, and the company had a strong reputation in the industry for its innovative designs and excellent customer service.
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Business and Finance
Magnum Semiconductor has a significant funding history, with a total of $120M raised over 8 rounds.
Its first funding round was in 2005, and its latest round was a Conventional Debt round in 2014, which raised $36.2M.
Magnum Semiconductor has a diverse group of institutional investors, with 10 investors participating in its funding rounds, including WK Technology Fund, Investor Growth Capital, and KTB Ventures.
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Semiconductor
Semiconductor companies play a crucial role in the technology industry, and Magnum Semiconductor is a great example of this.
Magnum Semiconductor was a subsidiary of a larger company, founded in January 2003.
Its headquarters was located in Milpitas, California, and it had an engineering branch in Waterloo, Ontario, Canada.
The company was focused on video compression technology and offered a range of products and services for digital video recording and management.
Magnum's consumer products were found in video recorder products of consumer electronic manufacturers.
The company had around 500 employees in 2008, and its CEO was Gopal Solanki.
Magnum Semiconductor was acquired by GigOptix in 2016, and the combined company was rebranded as GigPeak in 2017.
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Employment Numbers
Magnum Semiconductor is a relatively small company with only 48 people employed.
This number is likely to be manageable for a company of its size, allowing for efficient decision-making and collaboration among staff.
The 48 employees at Magnum Semiconductor are likely to be a diverse group, with various skills and expertise.
Their small size may also contribute to a sense of camaraderie and teamwork within the company.
Funding and Investors
Magnum Semiconductor has raised a total funding of $120M over 8 rounds.
Its first funding round was on August 18, 2005, marking the beginning of its funding journey.
Magnum Semiconductor's latest funding round was a Conventional Debt round on December 19, 2014, which raised $36.2M.
WK Technology Fund, Investor Growth Capital, KTB Ventures, and Advanced Equities participated in its latest funding round.
Magnum Semiconductor has 10 institutional investors, including WK Technology Fund, Investor Growth Capital, and KTB Ventures.
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SIC Code Meaning
The SIC code is a crucial piece of information for businesses, and it's essential to understand what it means.
The SIC code, or Standard Industrial Classification code, is a numerical code assigned to a business based on the type of industry it operates in.
For example, Magnum Semiconductor has a SIC code of 367, 36.
This code can help identify the company's primary business activity and can be used for various purposes, such as tax purposes or when applying for business loans.
The SIC code is a four-digit code, with the first two digits representing the major group and the last two digits representing the industry.
For instance, the SIC code 367 for Magnum Semiconductor indicates that it operates in the Electronic Computers industry.
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Industry and Market
Magnum Semiconductor was a leading provider of high-performance analog and mixed-signal semiconductor solutions.
The company's products were used in a wide range of applications, including automotive, industrial, and consumer electronics.
Magnum's expertise in analog and mixed-signal design allowed them to create innovative solutions that met the demands of these markets.
Their products were known for their high quality and reliability, making them a trusted choice for many leading companies in the industry.
Magnum's commitment to innovation and customer satisfaction helped them establish a strong reputation in the market.
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Where Is Based?
Magnum Semiconductor is based in Milpitas, California.
Competitors and Alternates
In the competitive world of semiconductors, Magnum Semiconductor faces stiff competition from several companies. Pixelworks, a fabless semiconductor chip developer, tops the list with a Tracxn Score of 69/100.
Pixelworks is a public company based in San Jose, United States, and has received funding from investors like East Peak Capital and Battery Ventures. They specialize in video and pixel processing.
Parade Tech, another public company, ranks second with a Tracxn Score of 64/100. They develop high-speed semiconductors for video streaming and have received $20.5M in funding from investors like Herald Investment Management and UMC Capital.
Here's a list of the top 6 competitors and alternates to Magnum Semiconductor, ranked by their Tracxn Score:
The remaining competitors, like Vimicro and GEO Semiconductor, have lower Tracxn Scores but still offer strong competition in the semiconductor market.
Diversity
Diversity is an important aspect of any company, and Magnum Semiconductor is no exception. The company has a diverse workforce with 500 employees.
24% of Magnum Semiconductor employees are women, while 76% are men. This imbalance is something that the company should strive to address to create a more inclusive environment.
The most common ethnicity at Magnum Semiconductor is White, making up 38% of the workforce. This is followed closely by Asian employees, who make up 34% of the company.
The average employee at Magnum Semiconductor makes $129,309 per year. This is a significant salary, but it's worth noting that employees tend to stay with the company for only 3.0 years on average.
Name and Identity
Magnum Semiconductor was founded in 1999 by a team of experienced engineers and entrepreneurs.
The company's name is derived from the term "magnum", which means great or large in Latin.
Magnum Semiconductor's early focus was on developing high-performance analog and mixed-signal semiconductor solutions.
The company's products were designed to meet the needs of various industries, including consumer electronics and telecommunications.
Magnum Semiconductor's headquarters was located in San Jose, California.
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