About AccelChip
AccelChip is a company based in Milpitas (United States) founded in 2000 was acquired by Xilinx in January 2006. AccelChip has raised $13.05 million across 3 funding rounds from investors including Xilinx, InterWest and Greylock Partners. AccelChip operates in a competitive market with competitors including Synopsys, National Instruments Corporation, Mentor Graphics, Cadence and proteanTecs, among others.
- Headquarter Milpitas, United States
- SectorsIndustrial Goods & ManufacturingTechnology
- Website accelchip.com
- Social LinkedIn
- Acquired by Xilinx (Jan 2006)
Funding Insights of AccelChip
AccelChip has successfully raised a total of $13.05M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $5.3 million completed in June 2005. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $13.05M
- Total Rounds 3
- Last Round Series B — $5.3M
- First Round $1.1M
(Jan 2003)
- Investors Count 2
All 3 funding rounds of AccelChip with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2005 | $5.3M | Series B | – | – | – |
| May 2003 | $6.65M | Series B | – | InterWest Partners | |
| Jan 2003 | $1.1M | Series A | – | – | – |
3 investors in total: 3 institutional.
Investors in AccelChip
AccelChip has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Xilinx, InterWest and Greylock Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investing in IT and healthcare ventures. | – | interwest.com | - | |
Venture capital firm specializing in early-stage tech investments and founder support. | 1965 | greylock.com | - | |
Programmable logic devices and embedded solutions are provided. | 1984 | xilinx.com | San Jose, United States |
Investor details for AccelChip
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Timeline of AccelChip
4 dated milestones of AccelChip across 6 years, from founding to its latest funding, stage changes and deals.
- Founded AccelChip is founded.
- Funding First funding round of $1.1M.
- Funding Latest funding round, Series B, of $5.3M.
- Exit Acquired by Xilinx.
Competitors of AccelChip
AccelChip operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Synopsys, National Instruments Corporation, Mentor Graphics, Cadence and proteanTecs, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| synopsys.com | 1986 | United States | – | 20,300 | Electronic design automation solutions are provided for semiconductor systems. | |
| ni.com | 1976 | Austin, United States | – | 3,095 | Provider of a suite of cloud-based electronic design automation tools for integrated circuits | |
| mentor.com | 1981 | Wilsonville, United States | – | – | Developer of software tools for electronic design automation | |
| cadence.com | 1988 | San Jose, United States | – | 3,177 | Cloud and AI-powered tools for integrated circuit design are provided. | |
| proteantecs.com | 2017 | Haifa, Israel | $226M | – | Cloud-based analytics software for chip health monitoring is provided. | |
| tempoautomation.com | 2013 | San Francisco, United States | – | 188 | Provides comprehensive yield management software solutions for businesses. | |
| altium.com | 1985 | San Diego, United States | – | 24 | Cloud-based software for PCB design is provided by Altium. | |
| iflux.app | 2019 | Lagos, Nigeria | $125,000 | – | Consumer payments are enabled via a digital wallet platform. | |
| silvaco.com | 1984 | Santa Clara, United States | – | – | TCAD and EDA software is provided for device simulation. | |
| bluespec.com | 2003 | Framingham, United States | $26.75M | – | Electronic design synthesis tools for ICs and FPGAs are provided. |
Detailed competitors of AccelChip
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- Full competitor set
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Latest news on Accelchip
Complete news archive for AccelChip
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- Brand-specific news history
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Similar companies to AccelChip
10 companies that operate in the same segment as AccelChip (Manufacturing Tech Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based ERP software is offered for multiple industries. | 2002 | New York, New York, United States | USD 1.52 B | – | – | |
Platform for on-demand distributed manufacturing and prototyping is provided. | 2013 | Gaithersburg, Maryland, United States | USD 203.44 M | USD 686.63 M | 1,090 | |
Hexagon is recognized for delivering advanced measurement and automation technologies. | 1980 | Stockholm, Sweden | – | USD 6.52 B | – | |
AI-based robotic arms are developed for industrial automation tasks. | 2010 | San Francisco, California, United States | USD 123.02 M | – | – | |
Cloud-based 3D CAD system is accessed via web browsers. | 2012 | Cambridge, Massachusetts, United States | USD 348.69 M | USD 695.52 K | – | |
AI-powered data science platform enables model deployment and analytics insights. | 1985 | Troy, United States | USD 35.05 M | – | – | |
AI-based software for manufacturing process optimization is offered. | 1981 | Bedford, United States | USD 100 M | USD 5.21 M | 64 | |
Manufacturing solutions are provided for industrial and consumer sectors. | 2018 | Bengaluru, Karnataka, India | USD 857.1 M | USD 1.71 B | 1,248 | |
Equipment rental marketplace and digital tools for construction are offered. | 2014 | Columbia, United States | USD 806.48 M | USD 4.38 B | – | |
Modular hardware and software platform for industrial automation is provided. | 2016 | Montreal, Quebec, Canada | USD 263.41 M | – | – |
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Frequently Asked Questions about AccelChip
AccelChip was founded in 2000 and raised its 1st funding round 3 years after it was founded.
AccelChip is headquartered in Milpitas, United States. It is registered at Milpitas, California, United States.
AccelChip is a funded company, having raised a total of $13.05M across 3 funding rounds to date. The company's 1st funding round was a Series A of $1.1M, raised on Jan 2003.
AccelChip was founded in 2000 in Milpitas, United States, focusing on the semiconductor sector. Software tools based on MATLAB are developed for synthesizing DSP algorithms, along with verification flows and intellectual property cores. These enable automation of DSP integration into FPGAs and ASICs. The company, previously known as Mach Design Systems, was acquired by Xilinx in 2006 to support reconfigurable DSP advancements.
AccelChip's top competitors include Synopsys, National Instruments Corporation and Cadence.
AccelChip has 3 investors. Key investors include Xilinx, InterWest, and Greylock Partners.
Yes. AccelChip was acquired by Xilinx in January 2006.