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Founded in 2001, Redpine Signals distinguished itself in the semiconductor startup community as a classic case of how to succeed and prosper without taking VC money. The initial seed funding came from the founders, family and friends. There are just a handful of chip makers which bootstrapped their growth and were able to break out from the design house or IP pack. Later, Redpine made deals with strategic partners without equity participation. After four years in development, the companys first product was a low-power licensable 802.11b/g platform. One of the first in the industry to launch a single stream 802.11n chipset in late 2007, the company offers several modules and sub-systems in its wireless product portfolio. Today, the San Jose, Calif. headquartered firm operates as a fabless chip maker with a staff of 110 employees -- most of whom reside at Redpines design center in Hyderabad, India. Its key manufacturing partners are TSMC for fab and ASE for assembly/test. Picture Redpine Signals participates in what it likes to call the "inch-deep, mile-wide" Wi-Fi market, not the typical consumer applications where a few Wi-Fi product hits run several hundred million units each. Applications in the Redpine space encompass the concept of Wi-Fi connectivity being embedded everywhere -- the "Internet of Things." Products where the companys embedded chips might be used include sensors, RTLS, medical, smart energy, security, appliance, automotive, industrial and home automation applications, among others.



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