Companies · Other Technology

Maskless Lithography Inc

SAN JOSE · Other Technology

Diligence memoA one-page analyst read on Maskless Lithography Inc — recommendation, valuation, rhythm, risks.
$14.5M
Total raised · real
4
Rounds
0.7×
Latest step-up
Top 22%
Sector rank · raised
Series A
Latest stage · inferred · Thu Mar 15 2012 00:00:00 GMT+0000 (Coordinated Universal Time)

Maskless Lithography Inc looks under-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the technology sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.50× the median modeled value of Series A Other Technology companies in 2010–2012 (618 peers) — value vs value, same stage and era.
Dormant
  • Last raise 14.3 yr ago; this sector typically re-raises about every 13 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other Technology

Maskless Lithography Inc is one of 21292 Other Technology companies tracked from SAN JOSE. By capital raised it ranks in the upper tier (ahead of 79% of sector peers), and mid-pack by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$50M$100M$150M$200MPre-Seed · 2009-09-04 Raised $1.0M (real) Modeled valuation $42M (est)$1.0M$42MPre-Seed2009Series A · 2010-07-20 Raised $6.6M (real) Modeled valuation $184M (est)$6.6M$184MSeries A2010Series A · 2010-07-20 Raised $4.1M (real) Modeled valuation $114M (est)$4.1M$114MSeries A2010Series A · 2012-03-15 Raised $2.8M (real) Modeled valuation $78M (est)$2.8M$78MSeries A2012+$6.6M+$4.1M+$2.8MCumulative $15M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Pre-Seed$1.0M · 2009
Series A$6.6M · 2010no Seed on file
Series A extension$4.1M · 2010
Series A extension$2.8M · 2012

Stages are modeled from round size (public records carry no series label). No record for: Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 67%.

Modeled valuation trajectory
$78.0M
Base estimate est.
$3.8M
Conservative case
$424.2M
Upside case
$12.8M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $42.4M · 2009-09-042009Series A · modeled $183.6M · 2010-07-20Series A · modeled $113.6M · 2010-07-20Series A · modeled $78.0M · 2012-03-152012
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
54%
Survival probability
29% low · 74% high
1.50×/yr
Annual markup
1.89×/yr upside case
6.0 yr
Elapsed time used
14.3 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
10 mo
Avg between rounds
$5.7M/yr
Capital velocity
16.8 yr
On record since
2009
First round
4
Rounds on file
How it compares to the market

Benchmarked against 21292 companies in Other Technology. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 4.6× above median
This company$14.5M
Sector median$3.2M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.5× of median
This company$2.8M
Sector median$5.8M
Modeled value — vs sector median (estimate, all stages) 2.1× above median
This company$78.0M
Sector median$37.3M

Raised more than 79% of sector peers (real $). Modeled value above 66% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #512 of 618.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)G5 Search Marketing, Inc. · Series A Raised $15.0M · modeled $416.1M (est)Infineta Systems, Inc. · Series A Raised $15.0M · modeled $416.1M (est)Solera Networks Inc · Series A Raised $22.0M · modeled $416.1M (est)Synos Technology, Inc. · Series A Raised $25.0M · modeled $416.1M (est)CouchSurfing International, Inc. · Series A Raised $15.0M · modeled $416.1M (est)Admeld Inc · Series A Raised $21.0M · modeled $416.1M (est)Conviva Inc · Series A Raised $15.0M · modeled $416.1M (est)Imation Corp · Series A Raised $14.9M · modeled $414.4M (est)Idle Games, Inc. · Series A Raised $33.6M · modeled $414.0M (est)Mozido Invesco, LLC · Series A Raised $23.4M · modeled $408.6M (est)Bitly, Inc. · Series A Raised $27.2M · modeled $406.2M (est)DisplayLink Corp. · Series A Raised $30.5M · modeled $402.8M (est)Maskless Lithography Inc (this company) Raised $14.5M · modeled $78.0M (est)Maskless Lithography Inc
CompanyStageRaised · realValue · estvs peer med.
G5 Search Marketing, Inc.Series A$15.0M$416.1M2.67×
Infineta Systems, Inc.Series A$15.0M$416.1M2.67×
Solera Networks IncSeries A$22.0M$416.1M2.67×
Synos Technology, Inc.Series A$25.0M$416.1M2.67×
CouchSurfing International, Inc.Series A$15.0M$416.1M2.67×
Admeld IncSeries A$21.0M$416.1M2.67×
Conviva IncSeries A$15.0M$416.1M2.67×
Imation CorpSeries A$14.9M$414.4M2.65×
Idle Games, Inc.Series A$33.6M$414.0M2.65×
Mozido Invesco, LLCSeries A$23.4M$408.6M2.62×
Bitly, Inc.Series A$27.2M$406.2M2.60×
DisplayLink Corp.Series A$30.5M$402.8M2.58×
Maskless Lithography Inc this companySeries A$14.5M$78.0M0.50×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$1.0M2009-09-04$5.6M$42.4M90%
Series A$6.6M2010-07-20$30.1M$183.6M90%
Series A$4.1M2010-07-20$18.6M$113.6M90%
Series A$2.8M2012-03-15$12.8M$78.0M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$1.0M2009-09-04
    • First recorded raise — entered as Pre-Seed.
  2. Series A$6.6M2010-07-20
    • Raised 10 mo later, in step with the ~13 mo sector norm.
    • Round 6.6× larger than the prior — scaling up.
  3. Series A$4.1M2010-07-20
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.6× smaller than the prior — bridge or down round.
  4. Series A$2.8M2012-03-15
    • Raised again after 20 mo — slower than the ~13 mo sector norm.
    • Round 1.5× smaller than the prior — bridge or down round.
Intelligence
2013 ~Q1
Modeled next raise · ~10mo cadence
$2.8M
Modeled next size est.range $2.8M$4.5M
0.7×
Last step-up
$5.7M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Winston Fu6 other2009-09
Anthony Chang3 other2009-09
Mario Rosati2 other2009-09
William W.R. Elder1 other2009-09
Ajit Daniel Manocha2012-03
Chen Chang Litrus2009-09
David Jordan Clark2009-09
Ed Jordan Carignan2010-07
Mario Chang Rosati2010-07
Mario Daniel Rosati2012-03
Mario Jordan Rosati2010-07
Richard Daniel Chenoweth2012-03
Richard Rayson Simmons2009-09
Warren Hathaway Moore2009-09
William Daniel Meisburger2010-07
William D. Meisburger2009-09
Winston W.R. Fu2012-03
Registry & provenance

Maskless Lithography Inc is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1323473
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

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Aehr Test SystemsSoftware / TechSeries A$15.7M$162.3Mnetwork2 shared operators · same stage
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Teknovus IncOther TechnologySeries A$5.6M$154.2Mnetwork1 shared operator · same sector · same stage
Redwood Systems IncOther TechnologySeries A$38.3M$325.9Mnetwork1 shared operator · same sector · same stage
TriVirum, Inc.Other TechnologySeries A$14.5M$78.4Msame sector · same stage
Fifth Eye Inc.Other TechnologySeries A$14.7M$81.6Msame sector · same stage
Principia Holdings LtdOther TechnologySeries A$14.7M$81.1Msame sector · same stage
Frequently asked
How much funding has Maskless Lithography Inc raised?
Maskless Lithography Inc has raised approximately $14.5M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Maskless Lithography Inc's estimated valuation?
Provath's modeled valuation for Maskless Lithography Inc is approximately $78.0M (modeled range $3.8M–$424.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Maskless Lithography Inc at?
Maskless Lithography Inc's latest modeled financing stage is Series A. Its most recent recorded round closed around Thu Mar 15.
What does Maskless Lithography Inc do and where is it based?
Maskless Lithography Inc operates in the Other Technology sector, based in SAN JOSE.
Explore related

See where Maskless Lithography Inc sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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