Innovent Systems

Founded by siblings, Reza Rofougaran and Maryam Rofougaran, Innovent Systems pioneered integrated RF and digital in standard bulk CMOS enabling the rapid growth in the connectivity industry. Innovent delivered the world’s first CMOS single chip Bluetooth solution. Innovent was acquired by Broadcom in having raised only one round of financing of less than $10 million. The acquisition of Innovent became the foundational technology for Broadcom’s Mobile and Wireless Group. Broadcom’s Mobile and Wireless Group, in 2013 accounted for 45% of the company’s total revenue with $3.9 Billion in annual revenue and 4,500 employees.