When was LSI founded?

LSI was founded in 1980 and raised its 1st funding round 1 year after it was founded.

Where is LSI located?

LSI is headquartered in Milpitas, United States.

How many employees does LSI have?

As of Jun 30, 2026, the latest employee count at LSI is 3.

Is LSI a funded company?

LSI is a funded company, having raised a total of $***** in its 1st and only funding round, a Unattributed round on 1981.

When was the latest funding round of LSI?

LSI's latest funding was a $***** Unattributed round on 1981, with participation from 1 investor. Its primary sector is Digital ICs. In United States, the Digital ICs sector has seen $4.96B in funding in 2026 to date.

Where does LSI rank among its competitors?

LSI ranks 19th amongst 149 active competitors, of which 28 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was YMTC, which secured $220M in Apr, 2025.

Who are the top competitors of LSI?

LSI's top competitors include Micron, Everspin and YMTC. Among them, YMTC secured the most recent funding round in April, 2025.

LSI - 2026 Company Profile, Funding & Competitors

Company Details

LSI Corporation designed semiconductors and software that accelerate storage and networking in data centers, mobile networks and client computing. The company was acquired by Avago Technologies in December 2013.

Website: lsi.com
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Key Metrics

Founded Year

1980

Location

Milpitas, United States

Stage

Acquired

Latest Funding Round

Unattributed, 1981, $*****

Investors

IVP & 6 more

Ranked

19^th among 149 active competitors

Employee Count

3 as on Jun 30, 2026

Investment & Acquisitions

SandForce & 13 more

Similar Companies

Micron & 158 more

Exit Details

Acquired by Avago Tech (Dec 16, 2013)

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LSI got acquired by Avago Tech on Dec 16, 2013.

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LSI has raised funding over 1 round. Its latest funding round was a Unattributed round on 1981 for $*****. 1 investor participated in its latest round. LSI has 7 institutional investors.

Here is the list of recent funding rounds of LSI:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
1981	2847	Unattributed	7475	6865	9396	3802

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LSI's employee count trend

LSI has 3 employees as of Jun 26. Here is LSI's employee count trend over the years:

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Top competitors of LSI include Micron, Everspin and YMTC. Here is the list of Top 10 competitors of LSI, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Micron 1978, Boise (United States), Public	Manufacturer of memory and storage solutions for various applications	$1.3B	Alcor Fund, Bondeinvest.com & 3 others	78/100
2nd	Everspin 2008, Chandler (United States), Public	Manufacturer of magnetoresistive random-access memory (MRAM) solutions. It designs, manufactures, and ships discrete and embedded MRAM and STT-MRAM products. These memory solutions are used in applications requiring data persistence, integrity, low latency, and security. The company's MRAM products are utilized across various markets including data centers, cloud storage, energy, industrial, automotive, and transportation sectors. It possesses a significant intellectual property portfolio and utilizes advanced manufacturing processes. The company offers both in-plane and perpendicular magnetic tunnel junction (MTJ) STT-MRAM bit cells.	$68.5M	EPIC Ventures, Western Digital Cptl & 11 others	63/100
3rd	YMTC 2016, Wuhan (China), Series D	Manufacturer of non-volatile memory ICs	$220M	Xiamen Juda Trading, Quanhong Investment & 6 others	62/100
4th	Adesto 2007, Sunnyvale (United States), Acquired	Low power CBRAM for IoT, health	$75M	Adams Street Partners, Arch Venture Partners ... & 8 others	58/100
5th	Silicon Storage Technology 1989, Sunnyvale (United States), Acquired	Innovator of SuperFlash® and memBrain™ memory technology for diverse applications	$58.4M	-	55/100
6th	Floadia 2011, Kodaira (Japan), Series D	Develops embedded non-volatile memory IP products	$14.1M	Teijin, Venture Laboratory Investment & 16 others	55/100
7th	Longsys 1999, Shenzhen (China), Public	Develops NAND flash-based memory products	-	Shenzhen Hongtai Fund Investment Management	54/100
8th	Nimble Storage 2007, Houston (United States), Acquired	Primary Storage,Backup,Disaster Recovery	$98.8M	Artis Ventures, Accel & 7 others	54/100
9th	Spansion 2003, Sunnyvale (United States), Public	Semiconductor solutions for automotive, industrial, consumer, and security applications	-	Silver Lake, Sumeru Equity Partners & 1 others	54/100
10th	Netlist 2000, Irvine (United States), Public	Provider of high-performance modular memory subsystems	-	Fortress	53/100
19th	LSI 1980, Milpitas (United States), Acquired	Storage and networking semiconductors	-	IVP, Menlo Ventures & 5 others	48/100

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LSI has made 8 investments in companies including Aquantia and SandForce. LSI has also acquired 6 companies including SandForce and ONStor.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Oct 27, 2011	Acquisition	SandForce	2006	Fremont (United States)
Jun 06, 2011	Investments	Aquantia	2004	San Jose (United States)
Sep 14, 2010	Investments	SandForce	2006	Fremont (United States)