OverviewSuggest Edit

VeriSilicon is a Silicon Platform as a Service (SiPaaS) company.  It provides IP-centric, platform-based custom silicon solutions and end-to-end semiconductor turnkey services for a range of applications. The Company serves a number of end markets, including mobile internet devices, data centers, the Internet of Things (IoT), wearable electronics, smart homes, and automotive.
TypePrivate
Founded2001
HQCN
Websiteverisilicon.com
Employee Ratings4.4

Latest Updates

Employees (est.) (Jan 2021)447
Revenue (FY, 2014)$165 M(+30%)
Cybersecurity ratingDMore

Key People/Management at VeriSilicon

Wayne Dai

Wayne Dai

Founder and CEO
Wenqian Shi

Wenqian Shi

CFO
Haocheng Fan

Haocheng Fan

SVP of Engineering Operation
Nianfeng Li

Nianfeng Li

Corporate Vice President of Design Methodology
Prasad Kalluri

Prasad Kalluri

Corporate Vice President of Engineering, ZSP Products
James Jiang

James Jiang

Corporate Vice President of Engineering, Design Services
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VeriSilicon Office Locations

VeriSilicon has offices in Chengdu Shi, Shanghai, Shenzhen Shi, Plano and in 6 other locations
Chengdu Shi, CN
Tian Hua Lu, Wuhou Qu
Shanghai, CN
20F, No. 560, Songtao Road, Zhangjiang Hi-Tech Park, Pudong New Area
Shenzhen Shi, CN
Room 3505, Building, Zhuo Yue Shi Ji Zhong Xin, FuTian CBD, Futian Qu
Valbonne, FR
930 Route des Dolines
München, DE
73 Zeppelinstraße
Hong Kong, HK
3806, Central Plaza, 18 Harbour Rd, Wan Chai
Show all (13)

VeriSilicon Financials and Metrics

Summary Metrics

Founding Date

2001

VeriSilicon total Funding

$100.9 m

VeriSilicon latest funding size

$7.78 m

Time since last funding

2 years ago

VeriSilicon investors

VeriSilicon's latest funding round in February 2019 was reported to be $7.8 m. In total, VeriSilicon has raised $100.9 m
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VeriSilicon Revenue

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View revenue for all periods
VeriSilicon's revenue was reported to be $165.01 m in FY, 2014 which is a 29.5% increase from the previous period.
USD

Revenue (FY, 2014)

165.0m

Revenue growth (FY, 2013 - FY, 2014), %

29.5%

Gross profit (FY, 2014)

51.9m

Gross profit margin (FY, 2014), %

31.5%

Net income (FY, 2014)

(16.7m)

EBITDA (FY, 2014)

14.9m

EBIT (FY, 2014)

8.3m

Cash (31-Dec-2014)

28.6m
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014

Revenue

77.5m74.5m127.4m165.0m

Revenue growth, %

(4%)71%30%

Cost of goods sold

58.1m48.5m86.9m113.1m

Gross profit

19.4m26.0m40.5m51.9m
Quarterly
USDQ3, 2012Q4, 2012Q1, 2013Q2, 2013Q3, 2013Q4, 2013Q1, 2014Q2, 2014Q3, 2014Q4, 2014

Revenue

19.6m21.4m27.3m30.9m35.7m33.6m31.1m45.9m46.9m41.2m

Cost of goods sold

12.3m15.1m18.9m22.3m25.8m19.9m21.2m33.0m31.9m27.0m

Gross profit

7.3m6.3m8.4m8.6m9.8m13.7m9.9m12.9m15.0m14.2m

Gross profit Margin, %

37%29%31%28%28%41%32%28%32%35%
Annual
USDFY, 2012FY, 2013FY, 2014

Cash

5.4m9.3m28.6m

Accounts Receivable

17.5m24.3m29.5m

Prepaid Expenses

1.4m1.4m2.7m

Inventories

5.8m6.4m4.6m
Quarterly
USDQ2, 2014Q3, 2014

Cash

32.9m38.6m

Accounts Receivable

29.3m22.7m

Prepaid Expenses

1.5m1.9m

Inventories

11.8m11.9m
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014

Net Income

(26.5m)(25.7m)(28.1m)(16.7m)

Depreciation and Amortization

3.6m4.1m4.2m5.3m

Inventories

7.1m(4.1m)(891.8k)1.8m

Accounts Payable

(6.6m)7.9m1.9m1.5m
Quarterly
USDQ2, 2013Q3, 2013Q2, 2014Q3, 2014

Net Income

(21.0m)(28.2m)(26.2m)(31.0m)

Depreciation and Amortization

2.1m3.2m2.5m4.0m

Inventories

(3.6m)(1.6m)(5.4m)(5.5m)

Accounts Payable

5.8m7.0m10.6m7.9m
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VeriSilicon Operating Metrics

VeriSilicon's Enterprise Customers was reported to be 200 in FY, 2014.
Q2, 2013Q3, 2013FY, 2013FY, 2014

Enterprise Customers

200 200

Patents (Domestic)

5 5 5

Patents (US)

49 49 49

Patent Applications (Domestic)

13 13 13
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VeriSilicon Acquisitions / Subsidiaries

Company NameDateDeal Size
VivanteOctober 12, 2015
VeriSilicon Microelectronics (Shanghai) Co., Ltd.October 11, 2002
VeriSilicon, EURL
VeriSilicon (Hong Kong) Limited
VeriSilicon, Inc.
VeriSilicon K.K.
VeriSilicon Microelectronics (Beijing) Co., Ltd.
VeriSilicon Microelectronics (Chengdu) Co., Ltd.

VeriSilicon Revenue Breakdown

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VeriSilicon revenue breakdown by business segment: 18.5% from Non-recurring Engineering Design Services, 65.3% from Turnkey Products and 16.2% from License and Royalties

VeriSilicon revenue breakdown by geographic segment: 6.0% from United States, 24.1% from People's Republic of China, 10.9% from Taiwan, 46.5% from Germany, 7.1% from Others and 5.4% from Other

VeriSilicon Cybersecurity Score

Cybersecurity ratingPremium dataset

D

66/100

SecurityScorecard logo

VeriSilicon Online and Social Media Presence

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VeriSilicon News and Updates

VeriSilicon Launches VIP9000, New Generation of Neural Processor Unit IP

SAN JOSE, Calif., Aug. 7, 2019 /PRNewswire/ -- VeriSilicon, a Silicon-Platform-as-a-Service (SiPaaS®) company, today announces VIP9000, a highly scalable and programmable processor for computer vision and artificial intelligence. The Vivante VIP family's patented Neural Network (NN)...

VeriSilicon Frequently Asked Questions

  • When was VeriSilicon founded?

    VeriSilicon was founded in 2001.

  • Who are VeriSilicon key executives?

    VeriSilicon's key executives are Wayne Dai, Wenqian Shi and Haocheng Fan.

  • How many employees does VeriSilicon have?

    VeriSilicon has 447 employees.

  • What is VeriSilicon revenue?

    Latest VeriSilicon annual revenue is $165 m.

  • What is VeriSilicon revenue per employee?

    Latest VeriSilicon revenue per employee is $369.1 k.

  • Who are VeriSilicon competitors?

    Competitors of VeriSilicon include CEVA, Cohu and Eltek Semiconductors.

  • Where are VeriSilicon offices?

    VeriSilicon has offices in Chengdu Shi, Shanghai, Shenzhen Shi, Plano and in 6 other locations.

  • How many offices does VeriSilicon have?

    VeriSilicon has 13 offices.