IPtronics - About the company
IPtronics is an acquired company based in Copenhagen (Denmark), founded in 2003 by Steen Bak Christensen, Jesper W. Bek and Niels Finseth. It operates as an Integrated circuits for parallel optical interconnects. IPtronics has raised $10.4M in funding. The company has 33 active competitors, including 13 funded and 4 that have exited. Its top competitors include companies like Ayar Labs, Acacia and Nu Quantum.
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
- Social
Key Metrics
Founded Year
2003
Location
Copenhagen, Denmark
Stage
Acquired
Total Funding
$10.4M in 1 round
Latest Funding Round
Ranked
7th among 33 active competitors
Employee Count
48,746 as on May 31, 2026
Exit Details
Acquired by Mellanox Technologies (Jun 04, 2013)
Legal entities associated with IPtronics
IPtronics is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
NVIDIA DENMARK APS CIN: 27373968 , Denmark, Active | - | - |
IPtronics's acquisition details
IPtronics got acquired by Mellanox Technologies on Jun 04, 2013 at an acquisition amount of $*****.
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IPtronics's funding and investors
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 | 5749119 | Series B | 1581974 | 7001401 | 7831635 | 1251993 |
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IPtronics' founders and board of directors
Founder? Claim ProfileHere 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 48,746 employees as of May 26. Here is IPtronics's employee count trend over the years:
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IPtronics's Competitors and alternates
Top competitors of IPtronics include Ayar Labs, Acacia and Nu Quantum. Here is the list of Top 10 competitors of IPtronics, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Ayar Labs 2015, San Jose (United States), Series E | Developer of optical interconnect solutions for artificial intelligence infrastructure applications | $1.02B | 73/100 | |
2nd | _1591169322455.png?devicePixelRatio=2&height=30&width=30){kind=logo} Acacia 2009, Maynard (United States), Acquired | Provider of high-speed coherent optical interconnect products | $20M | 68/100 | |
3rd |  Nu Quantum 2018, Cambridge (United Kingdom), Series A | Developer of photonic quantum networking hardware | $72.1M | 67/100 | |
4th | Quintessent 2019, Santa Barbara (United States), Series A | Developer of optical connectivity solutions for scaling computing and artificial intelligence | $51.6M | 64/100 | |
5th |  Avicena 2019, Sunnyvale (United States), Series B | Developer of microLED interconnects for high-bandwidth communication in AI data centers | $120M | 60/100 | |
6th | Spectra7 2010, San Jose (United States), Acquired | Manufacturer of thinner optical semiconductor interconnects for display devices | $11M | 54/100 | |
7th | Integrated circuits for parallel optical interconnects | $10.4M | 51/100 | ||
8th |  LightSpeed Photonics 2021, Singapore (Singapore), Seed | Provider of optical interconnect solutions for data centers and edge computing applications | $6.75M | 50/100 | |
9th | Cavilinq 2025, Cambridge (United States), Seed | Developer of optical interconnects designed to link individual quantum processors | $8.8M | 46/100 | |
10th |  Lightsynq 2024, Boston (United States), Acquired | Developer of optical quantum interconnects for quantum computers | $18M | 43/100 |
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IPtronics's Investments and acquisitions
IPtronics has made no investments or acquisitions yet.
Reports related to IPtronics
Here is the latest report on IPtronics's sector:
News related to IPtronics
•
Mellanox to Acquire Kotura for Silicon Photonic InterconnectsMay 15, 2013•Mellanox Technologies, Kotura, IPtronics
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