Pyxis Technology

Austin, United States Founded: 2004 • Age: 22 yrs Acquired By Mentor Graphics
IC routing software is developed for full-custom and semi-custom designs.

About Pyxis Technology

Pyxis Technology is a company based in Austin (United States) founded in 2004 was acquired by Mentor Graphics in July 2010. Pyxis Technology has raised $18.73 million across 3 funding rounds from investors including Formative, Mentor Graphics and Austin Ventures. Pyxis Technology operates in a competitive market with competitors including Bluespec, Diakopto, X-EPIC, Jasper DA and Azuro, among others.

Key Metrics
  • Total Equity Funding
    $18.73M (USD)

    in 3 rounds

  • Latest Funding Round
    $1.28M (USD), Series C

    Apr 2010

  • Investors
    Formative

    & 4 more

  • Acquired by

Funding Insights of Pyxis Technology

Pyxis Technology has successfully raised a total of $18.73M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $1.28 million completed in April 2010. 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 $18.73M
  • Total Rounds 3
  • Last Round Series C β€” $1.28M
  • First Round $14.45M

    (Jun 2006)

  • Investors Count 4

All 3 funding rounds of Pyxis Technology with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2010$1.28MSeries C––
–
Apr 2009$3MSeries C––
Jun 2006$14.45MSeries B––
Valuation history

5 investors in total: 5 institutional.

Investors in Pyxis Technology

Pyxis Technology has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Formative, Mentor Graphics and Austin Ventures.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital investments in Texas-based companies.
–austinventures.com-
-
–cmea.com-
Offline focused VC firm funding companies in the US
–ktventuregroup.comSan Jose, United States
Online platform offering real-time instruction tools for educators
2013formative.comSanta Monica, United States
Developer of software tools for electronic design automation
1981mentor.comWilsonville, United States
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Investor details for Pyxis Technology

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  • Round participation
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Timeline of Pyxis Technology

4 dated milestones of Pyxis Technology across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Pyxis Technology is founded.
  2. Funding First funding round of $14.4M.
  3. Funding Latest funding round, Series C, of $1.3M.
  4. Exit Acquired by Mentor Graphics.

Competitors of Pyxis Technology

Pyxis Technology 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 Bluespec, Diakopto, X-EPIC, Jasper DA and Azuro, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
bluespec.com2003Framingham, United States$26.75M–
Electronic design synthesis tools for ICs and FPGAs are provided.
diakopto.com2017San Jose, United States$2.52M7
Developer of EDA software tools for design analysis and optimization of ICs
x-epic.com2020China$45.52M–
IoT and AI services are provided by X-EPIC.
jasper-da.com1999Mountain View, United States$12.5M–
EDA company developing verification system that provides bug detection and debugging solutions
azuro.com2002Santa Clara, United States$12M–
CCOPT technology is offered for embedded processors and SOCs.
cycuity.com2014San Jose, United States$2M25
Cyber security services are provided to clients by Cycuity.
ciranova.com2002Santa Clara, United States$26.8M–
Electronic design automation company
intrinsity.com1997Austin, United States$92.5M–
Tools and technology to improve speed in digital logic designs
0-in.com1996San Jose, United States$14.3M–
Assertion-based functional verification company
valtrix.in2015Bengaluru, India––
Developer of customized S4 Hana solutions optimizing TCO and technology control
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Detailed competitors of Pyxis Technology

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Latest news on Pyxis Technology

Pyxis Tech Expands Series B - PE Hub
Pehub β€’ 18 years ago
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Complete news archive for Pyxis Technology

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
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  • Brand-specific news history

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Similar companies to Pyxis Technology

10 companies that operate in the same segment as Pyxis Technology (Electronic Design & Engineering Tools), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Electronic design automation solutions are provided for semiconductor systems.
1986United States–USD 7.05 B20,000
Silicon platform-as-a-service is offered for SOC and SIP design solutions.
2001Shanghai, ChinaUSD 92.34 MUSD 449.93 M2,009
Provider of a suite of cloud-based electronic design automation tools for integrated circuits
1976Austin, Texas, United States–USD 37.56 M280
Network-on-chip interconnect IP is provided for AI-enabled SoCs.
2003Campbell, California, United StatesUSD 39.3 MUSD 70.58 M267
Serializer-deserializer circuits are developed for high-speed data applications.
2008San Jose, California, United StatesUSD 108 MUSD 1.34 B622
Mathematical computing software is developed for algorithm solutions.
1984Natick, Massachusetts, United States––1,355
Cloud and AI-powered tools for integrated circuit design are provided.
1988San Jose, California, United States–USD 5.3 B12,700
AI-based silicon IP and chip solutions are developed and licensed.
1990Sunnyvale, California, United States–USD 707.63 M712
Augmented reality software and tools are developed for automotive applications.
2015Helsinki, FinlandUSD 31.75 M––
Cloud-based analytics software for chip health monitoring is provided.
2017Haifa, Haifa District, IsraelUSD 226 MUSD 2.08 M25
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Frequently Asked Questions about Pyxis Technology

Pyxis Technology was founded in 2004 and raised its 1st funding round 2 years after it was founded.

Pyxis Technology is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

Pyxis Technology is a funded company, having raised a total of $18.73M across 3 funding rounds to date. The company's 1st funding round was a Series B of $14.45M, raised on Jun 2006.

Pyxis Technology was founded in 2004 in Austin, United States, focusing on the semiconductor industry. Integrated circuit routing software is offered for both full-custom and semi-custom designs, including NexusRoute-SoC for system-on-chip applications and NexusRoute-HPC for hierarchical custom designs with constraint control. The company was acquired by Mentor Graphics Corp in July 2010 to strengthen their IC design tools, such as IC Station.

Pyxis Technology's top competitors include Bluespec, Cycuity and Valtrix.

Pyxis Technology has 5 investors. Key investors include Formative, Mentor Graphics, Austin Ventures, CMEA Capital, and KT Venture Group.

Yes. Pyxis Technology was acquired by Mentor Graphics in July 2010.

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