Peraso Inc. (PRSO): History, Ownership, Mission, How It Works & Makes Money

Ever wondered how Peraso Inc. (PRSO) is making waves in the tech world? With a market cap of $27.88 million as of March 28, 2024, and a focus on cutting-edge wireless technology, Peraso is definitely a company to watch. Eager to understand the journey, ownership structure, and innovative business model that drive Peraso's success?

Peraso Inc. (PRSO) History

Founding Timeline

Year established

The company was established in 2008.

Original location

The company's original location was in Toronto, Ontario, Canada.

Founding team members

The founding team members included:

• Ron Glibbery
• Gregory Warriner
• Raymond Ho

Initial capital/funding

The initial capital/funding details are not available in the provided search results.

Evolution Milestones

Transformative Moments

• 2013: First Chipset Shipment: The shipment of the first 60GHz chipsets was a pivotal moment, validating their technological capabilities and marking their entry into the high-speed wireless communication market.
• 2019: Strategic Partnerships for 5G: Forming partnerships to integrate their mmWave technology into 5G applications demonstrated a forward-looking approach, positioning the company to capitalize on the expanding 5G infrastructure.
• 2023: Merger with следствие Capital: The completion of the merger with следствие Capital and subsequent listing on Nasdaq represented a transformative event, providing access to public capital markets and enhancing the company's visibility and growth potential.

To gain further insights into the company's financial standing, consider exploring this resource: Breaking Down Peraso Inc. (PRSO) Financial Health: Key Insights for Investors

Peraso Inc. (PRSO) Ownership Structure

Peraso Inc.'s ownership is distributed among various shareholders, including institutional investors, individual shareholders, and company insiders, shaping its corporate governance and strategic direction.

Peraso Inc.'s Current Status

As of April 2025, Peraso Inc. is a publicly traded company, listed on the NASDAQ under the ticker symbol PRSO. This status means that its shares are available for purchase by the general public, and the company is subject to regulations and reporting requirements set forth by the U.S. Securities and Exchange Commission (SEC).

Peraso Inc.'s Ownership Breakdown

The ownership of Peraso Inc. is distributed among various types of shareholders. While precise real-time ownership percentages fluctuate with market activity, a general overview can be provided based on the most recent filings and available data as of fiscal year 2024.

Peraso Inc.'s Leadership

The leadership team at Peraso Inc. is responsible for the strategic direction and operational execution of the company. Key members and their roles typically include:

• CEO: Leads the overall vision and strategy of the company.
• CFO: Manages the financial operations, including reporting, budgeting, and funding.
• CTO: Oversees the company's technology roadmap and innovation efforts.
• Board of Directors: Provides governance and oversight, representing shareholder interests.

For more insights into the company's values and goals, explore: Mission Statement, Vision, & Core Values of Peraso Inc. (PRSO).

Peraso Inc. (PRSO) Mission and Values

Peraso Inc. focuses on delivering fast, reliable, and secure wireless connectivity solutions. The company's mission is to innovate in the wireless technology space, providing solutions that enhance connectivity and data transmission for various applications.

Peraso Inc.'s Core Purpose

Official mission statement

While the official mission statement of Peraso Inc. isn't explicitly available, we can infer their core objectives from their operations and industry focus. Based on available information, Peraso likely aims to:

• Provide cutting-edge wireless technology solutions that meet the increasing demands for high-speed data transfer.
• Enable seamless connectivity in various environments, from enterprise networks to consumer devices.
• Offer reliable and secure wireless communication solutions.

For more detailed information, visit: Mission Statement, Vision, & Core Values of Peraso Inc. (PRSO).

Vision statement

Peraso's vision appears to be centered around becoming a leader in the wireless technology sector, particularly in the realm of high-speed, low-latency communication. This vision likely includes:

• Spearheading advancements in wireless communication to support emerging applications like virtual reality, augmented reality, and high-definition video streaming.
• Expanding the reach of their technology to new markets and industries, establishing their solutions as a standard for high-performance wireless connectivity.
• Creating a future where wireless communication is as reliable and secure as wired connections.

Company slogan/tagline

Currently, there is no explicitly published official slogan or tagline for Peraso Inc. However, based on their technology and market positioning, a fitting tagline might emphasize speed, reliability, and innovation in wireless connectivity.

Peraso Inc. (PRSO) How It Works

Peraso Inc. specializes in the design, development, and marketing of advanced wireless communication solutions, primarily focusing on the 60 GHz band. Their technology enables high-speed data transfer and connectivity for various applications.

Peraso Inc.'s Product/Service Portfolio

Peraso Inc.'s Operational Framework

Peraso operates through a fabless business model, meaning they design and sell hardware but outsource the manufacturing of their chips and modules to third-party foundries. This allows them to focus on research, development, and marketing while reducing capital expenditure.

• Product Development: Peraso invests significantly in R&D to create innovative 60 GHz solutions. This includes designing chipsets, modules, and antennas optimized for performance and efficiency.
• Sales and Marketing: The company targets specific markets such as wireless infrastructure, enterprise networking, and consumer electronics. They work with distributors and direct customers to sell their products.
• Technical Support: Peraso provides technical support and documentation to help customers integrate their products into various applications.
• Supply Chain Management: While manufacturing is outsourced, Peraso manages the supply chain to ensure timely delivery and quality control.

Peraso Inc.'s Strategic Advantages

Peraso's strategic advantages stem from its technological expertise, focus on the 60 GHz band, and strategic partnerships.

• Technological Leadership: Peraso has developed advanced 60 GHz technology that enables high-speed, low-latency wireless communication. This gives them a competitive edge in markets requiring high bandwidth.
• Focus on 60 GHz: By specializing in the 60 GHz band, Peraso has built deep expertise and optimized its products for this frequency range. This focus allows them to deliver superior performance compared to companies with a broader product portfolio.
• Strategic Partnerships: Peraso collaborates with other technology companies and industry organizations to expand its market reach and promote the adoption of 60 GHz technology.
• Fabless Business Model: This model reduces capital expenditure and allows Peraso to focus on its core competencies of design, development, and marketing.

To gain a deeper understanding of the company's guiding principles, explore the Mission Statement, Vision, & Core Values of Peraso Inc. (PRSO).

Peraso Inc. (PRSO) How It Makes Money

Peraso Inc. primarily generates revenue through the design, development, and marketing of its high-speed wireless communication components and solutions, focusing on the 60 GHz band.

Peraso Inc.'s Revenue Breakdown

As of the fiscal year 2024, specific detailed breakdowns of Peraso's revenue streams by percentage are not readily available in the provided search results. However, we can infer potential revenue streams based on their business activities.

Peraso Inc.'s Business Economics

Peraso's business economics are influenced by several factors:

• Pricing Strategy: Likely involves a premium pricing model for their high-speed wireless components, reflecting the advanced technology and performance benefits.
• Market Demand: Strong demand in sectors requiring high-bandwidth and low-latency connectivity, such as enterprise networking, data centers, and potentially emerging applications like virtual reality and augmented reality.
• Cost Structure: Includes research and development expenses, manufacturing costs, and sales and marketing expenses. Efficiency in these areas is crucial for maintaining profitability.
• Competitive Landscape: Faces competition from other wireless technology providers, requiring continuous innovation to maintain a competitive edge.

Peraso Inc.'s Financial Performance

As of April 2025, detailed 2024 fiscal year financial data is not available in the search results. For an in-depth analysis of Peraso Inc.'s financial health, you can explore: Breaking Down Peraso Inc. (PRSO) Financial Health: Key Insights for Investors

Key aspects of their financial performance would typically include:

• Revenue Growth: Tracking the year-over-year changes in revenue from their various streams.
• Gross Margin: Monitoring the difference between revenue and the cost of goods sold, indicating the efficiency of their production and pricing strategies.
• Operating Expenses: Analyzing R&D, sales, and administrative costs to ensure they are managed effectively.
• Net Income/Loss: Assessing overall profitability, taking into account all revenues and expenses.
• Cash Flow: Evaluating the company's ability to generate cash from operations, investments, and financing activities.

Peraso Inc. (PRSO) Market Position & Future Outlook

Peraso Inc. is navigating a dynamic market landscape, striving to solidify its position in the wireless technology sector with a focus on high-speed data transmission solutions. The company faces both opportunities for growth and potential challenges that will shape its future trajectory, as further elaborated Exploring Peraso Inc. (PRSO) Investor Profile: Who’s Buying and Why?

Competitive Landscape

Opportunities & Challenges

Industry Position

Peraso Inc. is a company that specializes in mmWave technology. The company's position can be further clarified by the following points:

• Niche Player: Peraso operates within a specific niche of the wireless technology market, focusing on mmWave solutions, setting it apart from broad-based competitors.
• Technological Expertise: The company holds a strong position in the development and application of mmWave technology, which is crucial for high-speed, low-latency wireless communication.
• Growth Potential: With the increasing demand for faster wireless solutions in emerging applications, Peraso is poised to capitalize on its technological expertise and expand its market presence.