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ACQUIRED COMPANY
 
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Envara  Acquired by Intel (2004 $ 40,000,000)

303 Twin Dolphin Drive #600
Redwood City, CA 94065
USA
(650)-632-4252
Website Company Summary Management Team
Management

President/COO/Operations: Ishai Kreiser (2003)
Technology: Raviv Melamed (2003)
Sales/Marketing: Paul Nurflus
HR: Gila Feig
Former Employees: Lihi Segal Yaron Garmazi
Board

Outside board: (May no longer be on the board) Boaz Dinte (Evergreen Partners);  Yair Be'ery (STI Ventures Israel);  Hans-Georg Betz (WestSteag Partners);  Richard Chiang (Triton Management Corp);  Max Fang (Maxima Capital Management);  Yossi Sela (Gemini Funds Israel);  Ezer Zorev (Giza Venture Capital)
Former outside board: Steven Cheng (Hontung Ventures)
Company

Business description: Envara Inc. is a fabless semiconductor company developing complete multi-mode Wireless Local Area Networking (WLAN) chipset solutions capable of transparently operating in all internationally allocated 2.4GHz and 5GHz WLAN frequency bands. Envara's low cost, low power, and high-performance, two-chip solution is compliant with both the IEEE 802.11a and IEEE 802.11b standards, and also supports the emerging IEEE 802.11g standard draft. The WiND502 chipset provides full data security and privacy through compatibility with the IEEE 802.11i security enhancement standard, and supports worldwide radio regulation conformance through compatibility with the IEEE 802.11h standard and enabling radio operation throughout the 4.9-5.825 GHz frequency band. Envara's highly integrated WiND502 chipset solution enables the design of very low cost WLAN network interface cards (NICs) and access points (AP's) and it's targeted at the enterprise, public access (Hot Spots), and Home Networking markets
Customers include: West STEAG Partners;  AboCom Wireless Mobility;  AIN Communication Technology;  Amigo;  CCandC Technologies;  CyberTAN;  Edimax Technology;  Global Sun Tech;  Lite-On;  Zinwell;  ZyXEL Communications
Capital

Rounds: 3
Recent Fundings: Oct 2002
Capital raised: 38.0M
Last Round: 6.5M
Ownership: Acquired by Intel (2004 $ 40,000,000)
VCs include: Gemini Israel Venture FundsNIF Ventures;  Maxima Capital Management;  Triton Ventures;  STI Ventures;  Hontung Ventures
Corporate investors: Koor Corp Venture Capital

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Overview
Record updated: Nov 2003
Sector: Semiconductor
Year Founded: 2000
Headcount: 51-75 as of Mar 2004
Rounds: 3
Recent Fundings: Oct 2002
Capital Raised: 38.0M
Last Round: 6.5M
Ownership: Acquired by Intel (2004 $ 40,000,000)