Advasense

Company Overview

Snapshot

Founded in January 2004, Advasense operated with 1–10 employees and raised $30 million across 4 funding rounds from 6 investors. The company was acquired by Pixim in June 2011.

Business overview

Advasense is a fabless semiconductor company specializing in the development of CMOS image sensor products. The company's core technology focuses on enhancing image quality for mobile phone cameras, aiming to achieve performance comparable to digital cameras. Advasense operates within the Industrial Technologies sector, specifically Microelectronics & Photonics Solutions, serving the mobile phone market.

Strategic signal

Advasense was acquired by Pixim in June 2011, marking a significant exit for the company. This acquisition followed a period of restructuring and a shift in Advasense's business model towards technology licensing, signaling a strategic pivot to secure its future and integrate its innovative image sensor technology into a larger entity.

Company Intelligence Q&A

What is Advasense's primary focus?

Advasense is a fabless semiconductor company that develops CMOS image sensor products primarily for the mobile phone market.

When was Advasense founded?

Advasense was founded in January 2004.

What was a key financial milestone for Advasense?

Advasense raised $4 million in January 2005 from Nokia Growth Partners (NGP) and Giza Venture Capital.

Which investors participated in Advasense's Series B funding round in April 2006?

In April 2006, Advasense secured Series B funding from BlueRun Ventures and Giza Venture Capital.

What was the outcome for Advasense?

Advasense was acquired by Pixim in June 2011.