Avnera develops AudioMagic analog system-on-chip solutions that integrate multiple analog functions onto a single chip for audio and other applications. Its second-generation AudioMagic 2G chips can play high-quality, uncompressed audio and include on‑the‑fly error correction to fix transmission problems. Avnera’s chips are used in about 30 audio products from more than 15 customers and carry the Avnera Rocketboost logo. The company collaborated with Best Buy on Rocketfish wireless stereo speakers and counts Best Buy as an investor; Onkyo is also working with Avnera on new products. Avnera was founded in 2004 and is based in Beaverton, Ore., and it has 60 employees. To support product rollout, the company announced that products using the 2G chips will be released this year.

Total raised

$10M

Funding rounds

1

Latest round

Series D

Latest activity

Jan 2010