|Post IPO Valuation|
|Series D, 10/2006 |
Fortune Venture Investment Group
New Enterprise Associates
Spreadtrum Communications, Inc. is a fabless semiconductor company that develops mobile chipset platforms for smartphones, feature phones and other consumer electronics products, supporting 2G, 3G, and 4G wireless communications standards.
Spreadtrum’s solutions combine its highly integrated, power-efficient chipsets with customizable software and reference designs in a complete turnkey platform, enabling customers to achieve faster design cycles with a lower development cost. Spreadtrum’s customers include global and China-based manufacturers developing mobile products for consumers in China and emerging markets around the world.
Founded in April 2001, Spreadtrum is headquartered in Shanghai, China with R&D centers in Shanghai, Beijing and Tianjin, China and San Diego, USA, technical support center in Shenzhen, and international field support offices in Korea, Taiwan and India. Spreadtrum’s products support a broad range of wireless communications standards, including GSM, GPRS, EDGE, TD-SCDMA, W-CDMA, HSPA+ and TD-LTE. Spreadtrum went public on NASDAQ on June 27, 2007, raising $124.6 million. Since its founding, it has received 60 million dollars from 20-30 venture capital firms.