Innova Card
Fabless semiconductor provider for secure smart card terminals.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| investor investor investor | €0.0 | round | |
| investor investor investor investor | €0.0 | round | |
* | N/A | Acquisition | |
| Total Funding | 000k | ||
| EUR | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 16 % | (70 %) | (42 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 24 % | 11 % | 5 % | (386 %) |
| EV | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Innova Card is a fabless semiconductor company that provides secure System-on-Chip (SoC) hardware and software solutions for trusted terminals. The company was founded in 2002 by former ST and Gemplus executives Christophe Cornillon, Bruno Bernard, Arnaud Dehamel, and Frank Lhermet, and is headquartered in La Ciotat, France.
The company's core offering is its Universal Secure Integrated Platform (USIP), a highly integrated component for building new generations of smart card terminals. This platform is designed to be compliant with EMV and FINREAD standards, extending smart card technology to open SoC platforms. Innova Card's solutions cater to a market that requires secure payment applications, and its components can be integrated into a variety of personal devices, including POS terminals, internet PC readers, PDAs, mobile handsets, and USB tokens. The USIP platform leverages MIPS Technologies' MIPS32 4KSd core to provide the necessary performance for executing cryptographic algorithms and ensuring the security of payment transactions. The business was venture-backed, having raised $6.7M from investors including Innovacom, LC Capital, Anvar, Impulse VC, and Paca Entreprendre. Innova Card was eventually acquired by Maxim Integrated Products.
Keywords: fabless semiconductor, system-on-chip, SoC, smart card terminals, secure payment solutions, EMV compliant, FINREAD, USIP, hardware solutions, secure microcontroller, POS terminals, MIPS architecture, payment technology, integrated circuits, asset sale