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Si2 Microsystems - About the company

Si2 Microsystems is a series B company based in Bengaluru (India), founded in 1993 by Ramachandran Swaminathan and Tat Huen. It operates as a Microelectronics company specializing in System-in-Package and microsystems solutions. Si2 Microsystems has raised $18.5M in funding from Ventureast, with a current valuation of ₹*****. The company has 5 active competitors, including 1 that is funded. Its top competitors include companies like Innovasic, Kerr and Gluejs.

Company Details

Microelectronics company specializing in System-in-Package and microsystems solutions. It provides System-in-Package (SiP) solutions and supports wireless, wireline, and other microsystems applications for global customers. It focuses on integrating chip and system design capabilities to deliver advanced microelectronics solutions.
Email ID
*****@si2micro.com
Phone Number
+91 **********
Registered Address
No.84, Deep Towers, EPIP Industrial Area Whitefield, Bangalore, Bangalore, Karnataka, India, 560066
Key Metrics
Founded Year
1993
Location
Bengaluru, India
Stage
Series B
Total Funding
$18.5M in 3 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Jun 21, 2012
Investors
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
72 as on Sep 30, 2026
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Si2 Microsystems's funding and investors

Si2 Microsystems has raised a total funding of $18.5M over 3 rounds. Its first funding round was on Aug 10, 2006. Its latest funding round was a Series B round on Jun 21, 2012 for $*****. 6 investors participated in its latest round. Si2 Microsystems has 4 institutional investors and 10 angel investors.

Here is the list of recent funding rounds of Si2 Microsystems:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 21, 2012
5943661
Series B
4006304
7656831
7014626
5481669
Feb 04, 2009
2672707
Series A
5402256
7197626
8394599
Aug 10, 2006
3673591
Series A
4279665
7883299
9372141
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Si2 Microsystems' founders and board of directors

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The founders of Si2 Microsystems are Ramachandran Swaminathan and Tat Huen.
Here are the details of Si2 Microsystems' key team members:

Si2 Microsystems' employee count trend

Si2 Microsystems has 72 employees as of Sep 26. Here is Si2 Microsystems's employee count trend over the years:
Employee count trend for Si2 Microsystems
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Si2 Microsystems's Competitors and alternates

Top competitors of Si2 Microsystems include Innovasic, Kerr and Gluejs. Here is the list of Top 10 competitors of Si2 Microsystems, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Innovasic
Innovasic
1991, Albuquerque (United States), Acqui-Hired
Provider of application specific integrated circuits
$13.5M
38/100
2nd
Logo for Si2 Microsystems
Si2 Microsystems
1993, Bengaluru (India), Series B
Microelectronics company specializing in System-in-Package and microsystems solutions
$18.5M
35/100
3rd
Logo for Kerr
Kerr
Italy, Funding Raised
Developer of custom microelectronic circuits and smart embedded electronic systems
-
16/100
4th
Logo for Gluejs
Gluejs
2023, Mountain View (United States), Unfunded
Provider of integration platforms for embedded applications
-
-
16/100
5th
Logo for Forddok
Forddok
2014, Shenzhen (China), Unfunded
Manufacturer of web-based access control systems and security solutions
-
-
16/100
6th
Logo for EDNA INC
EDNA INC
Oxford (United States), Funding Raised
Developer of embedded systems including application specific integrated circuits firmware
-
15/100
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Financials of Si2 MicrosystemsFY 25 Available

DEEP HERITAGE PRIVATE LIMITED, the legal entity associated with Si2 Microsystems, generated less than ₹10 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of DEEP HERITAGE PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 4% in the last 1 year.

Financial Statement Summary

Metrics
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
Income Statement
Revenue
1383
1278
7266
6288
8093
Total Sales
3504
6582
9468
8913
3633
Total Expenses
9887
9191
5326
9690
1878
Operating Expenses
1724
9413
8897
1305
8376
Employee Expenses
6246
4681
7559
1712
1531
Operating Income (EBIT)
2171
8119
2762
1930
2262
Interest Expenses
5617
2227
7874
4573
9971
Expenses from other activities
2104
6933
4554
3036
5124
EBITDA
8185
5984
1845
3077
2847
Taxes
3284
4766
4691
3841
1733
Net Profit
6113
6252
4903
5166
6883
Balance Sheet
Assets
4424
1400
8107
5438
9282
Accounts Receivables
1732
4158
6491
7026
4332
Inventory
2588
5374
1566
2009
2375
Liabilities
3068
1216
2262
5038
9539
Total Debt
3169
1171
3778
8255
1243
Accounts Payable
3748
6900
9594
4592
9631
Equities
3495
6842
2524
3737
7928

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

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Si2 Microsystems's Latest cap tables and shareholding

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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

Si2 Microsystems's Investments and acquisitions

Si2 Microsystems has made no investments or acquisitions yet.

Reports related to Si2 Microsystems

Here is the latest report on Si2 Microsystems's sector:

News related to Si2 Microsystems

•
Synopsys Joins Si2Synopsys•Jun 14, 2005•Synopsys, Si2 Microsystems
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