When was IPtronics founded?

IPtronics was founded in 2003 and raised its 1st funding round 5 years after it was founded.

Where is IPtronics located?

IPtronics is headquartered in Copenhagen, Denmark.

How many employees does IPtronics have?

As of Nov 30, 2024, IPtronics has 98 employees, reflecting a 20% year-over-year growth in headcount.

Is IPtronics a funded company?

IPtronics is a funded company, having raised a total of $***** in its 1st and only funding round, a Series B round on Feb 19, 2008.

When was the latest funding round of IPtronics?

IPtronics' latest funding was a $***** Series B round on Feb 19, 2008, with participation from 2 investors. Its primary sector is Photonics. Globally, the Photonics sector has seen $6.24B in funding in 2026 to date.

Where does IPtronics rank among its competitors?

IPtronics ranks 8th amongst 33 active competitors, of which 13 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Quintessent, which secured $40M in Aug, 2026.

Who are the top competitors of IPtronics?

IPtronics' top competitors include Acacia, Ayar Labs and Nu Quantum. Among them, Quintessent secured the most recent funding round in August, 2026.

IPtronics - 2026 Company Profile, Team, Funding & Competitors

Company Details

IPtronics is a fabless semiconductor company offering next-generation integrated circuits for parallel optical interconnects. They have developed a chip technology that enables low cost, low power and small size optical interconnect solutions intended for the computer, storage and communications industry. After operating independently for 10 years, the company was acquired by Mellanox in 2013.

Website: iptronics.com
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Key Metrics

Founded Year

2003

Location

Copenhagen, Denmark

Stage

Acquired

Total Funding

$10.4M in 1 round

Latest Funding Round

Series B, Feb 19, 2008, $*****

Investors

Creandum & 2 more

Ranked

8^th among 33 active competitors

Employee Count

98 as on Nov 30, 2024

Similar Companies

Acacia & 35 more

Exit Details

Acquired by Mellanox Technologies (Jun 04, 2013)

View IPtronics' full profile

IPtronics is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
NVIDIA DENMARK APS CIN: 27373968 , Denmark, Active		-	-

IPtronics got acquired by Mellanox Technologies on Jun 04, 2013 at an acquisition amount of $*****.

Click here to take a look at IPtronics's acquisition in detail

IPtronics has raised a total funding of $10.4M over 1 round. Its latest funding round was a Series B round on Feb 19, 2008 for $*****. 2 investors participated in its latest round. IPtronics has 3 institutional investors.

Here is the list of recent funding rounds of IPtronics:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 19, 2008	5733845	Series B	6714988	2613147	9892794	4674789

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View details of IPtronics's funding rounds and investors

The founders of IPtronics are Steen Bak Christensen, Jesper W. Bek and Niels Finseth.

Here are the details of IPtronics' key team members:

Steen Bak Christensen: Co-Founder & CTO of IPtronics.
Jesper W. Bek: Co-Founder of IPtronics.
Niels Finseth: Co-Founder & CEO of IPtronics.

View details of IPtronics's Founder profiles and Board Members

IPtronics' employee count trend

IPtronics has 98 employees as of Nov 24. The total employee count is 20.0% more than what it was in Nov 23. Here is IPtronics's employee count trend over the years:

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Top competitors of IPtronics include Acacia, Ayar Labs and Nu Quantum. Here is the list of Top 10 competitors of IPtronics, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Acacia 2009, Maynard (United States), Acquired	Provider of high-speed coherent optical interconnect products	$20M	Summit Partners, Egan-Managed Capital & 2 others	67/100
2nd	Ayar Labs 2015, San Jose (United States), Series E	Developer of optical interconnect solutions for artificial intelligence infrastructure applications	$872M	Neuberger Berman, Light Street Capital & 57 others	66/100
3rd	Nu Quantum 2018, Cambridge (United Kingdom), Series A	Developer of photonic quantum networking hardware	$72.1M	Amadeus Capital, National Grid Partners & 20 others	65/100
4th	Avicena 2019, Sunnyvale (United States), Series B	Developer of microLED interconnects for high-bandwidth communication in AI data centers	$120M	Tiger Global Management, Samsung Catalyst Fund ... & 11 others	58/100
5th	Spectra7 2010, San Jose (United States), Acquired	Manufacturer of thinner optical semiconductor interconnects for display devices	$11M	Ventures West, Celtic House Venture Partners ... & 16 others	57/100
6th	Quintessent 2019, Santa Barbara (United States), Series A	Developer of optical connectivity solutions for scaling computing and artificial intelligence	$51.6M	Osage University Partners, Cycle Capital ... & 10 others	57/100
7th	Lightsynq 2024, Boston (United States), Acquired	Developer of optical quantum interconnects for quantum computers	$18M	Cerberus Capital Management, Top Corner Capital ... & 7 others	55/100
8th	IPtronics 2003, Copenhagen (Denmark), Acquired	Integrated circuits for parallel optical interconnects	$10.4M	Creandum, Sunstone & 1 others	51/100
9th	LightSpeed Photonics 2021, Singapore (Singapore), Seed	Provider of optical interconnect solutions for data centers and edge computing applications	$6.75M	YourNest, pi Ventures & 12 others	48/100
10th	Cavilinq 2025, Cambridge (United States), Seed	Developer of optical interconnects designed to link individual quantum processors	$8.8M	QVT Family Office, MFV Partners & 2 others	45/100