Silicon Laboratories

Develops silicon and software for IoT

Austin, Texas, United States

About Silicon Laboratories

Silicon Labs develops silicon, software, and solutions that enhance connectivity in various industries, including the Internet of Things (IoT), industrial automation, consumer electronics, and automotive markets. Their products, such as integrated circuits (ICs) and development tools, improve energy efficiency and performance in applications. Operating as a fabless company, Silicon Labs focuses on designing and selling its products while outsourcing manufacturing to third-party foundries, allowing for greater flexibility and innovation. Unlike many competitors, Silicon Labs emphasizes high-quality engineering and adheres to strict social and environmental standards. The company's goal is to enable a smarter, more connected world through advanced technology.

Austin, TexasHeadquarters
1996Year Founded
$12.4MTotal Funding
IPOCompany Stage
Hardware, Industrial & Manufacturing, AI & Machine LearningIndustries
1,001-5,000Employees

Benefits

Medical, dental, and vision insurance plans
Learning and development resources
Short and long term disability
Life insurance
Retirement benefits
Profit sharing

Risks

Emerging IoT semiconductor companies pose a threat with competitive pricing.
Rapid advancements in wireless standards may strain R&D resources.
Geopolitical tensions could disrupt semiconductor supply chains, affecting production.

Differentiation

Silicon Labs specializes in ultra-low power Wi-Fi 6 and Bluetooth LE 5.4 modules.
The company uses a fabless model, focusing on design and innovation over manufacturing.
Silicon Labs' MG21 SoC is tailored for advanced smart home Zigbee applications.

Upsides

Successful FG23 SoC deployment in India's AMI highlights smart metering market potential.
Participation in major conferences boosts visibility and attracts potential investors.
Works With Virtual Developers Conference fosters global partnerships and collaborations.

Funding

Total raised$12.40 M
Latest valuation$950.00 M
StageIPO