About Sidense
Sidense is a Technology company based in Ottawa (Canada) founded in 2004, and was acquired by Synopsys in October 2017. It operates as an embedded NVM IP is developed for semiconductor applications. Sidense has raised $17.7 million across 5 funding rounds from investors including Synopsys, Espresso Capital and Trellis Capital. The company was acqui-hired. Its focus areas include Semiconductors, Electronic Design Automation Tools, IP Cores and Integrated Circuits. Its competitors include Rambus, VeriSilicon, Ferroelectric Memory Company, SiliConch and Movellus and 3 more; 7 of its 8 listed competitors have raised funding.
Company details
Sidense was founded in 2004 in Ottawa, Canada. Embedded non-volatile memory intellectual property is developed for integration into electronic products. Patented 1T-Fuse technology is utilized in one-time programmable OTP memory and logic NVM solutions. These are incorporated by semiconductor and systems manufacturers across various end markets. Operations center on silicon-proven IP for the semiconductor sector.
- Headquarters Ottawa, Canada
- SectorsTechnology
- Website sidense.com
- Social LinkedIn X
- Acquired by Synopsys (Oct 2017)
Funding Insights of Sidense
Sidense has successfully raised a total of $17.7M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $1.1 million completed in November 2012. 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 $17.7M
- Total Rounds 5
- Last Round Series C — $1.1M
- Investors Count 7
All 5 funding rounds of Sidense 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 |
|---|---|---|---|---|---|
| Nov 2012 | $1.1M | Series C | – | Espresso Capital | |
| Oct 2011 | $5.6M | Series C | – | – | |
| May 2010 | $5M | Series B | – | VentureLink Funds | |
| Mar 2008 | $6M | Series A | – | Vertex Ventures, Tech Capital Partners | |
| Sep 2006 | – | Seed | – | – |
8 investors in total: 8 institutional.
Investors in Sidense
Sidense has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Synopsys, Espresso Capital and Trellis Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture debt firm | – | espressocapital.com | Toronto, Canada | |
Venture capital investments are made in Canadian technology companies. | – | trelliscapital.com | Canada | |
Tech & Energy focused investment management firm investing primarily in Canada | – | venturelinkfunds.com | Toronto, Canada | |
- | – | ontariocapitalgrowth.ca | - | |
Early-stage VC firm investing in the US & Canada | – | techcapital.com | Waterloo, Canada | |
Early-stage investments are focused on Southeast Asia and India. | – | vertexventures.com | Palo Alto, United States | |
NTT Finance operates as an asset financing firm for business needs. | 1985 | ntt-finance.co.jp | Minato City, Japan | |
Electronic design automation solutions are provided for semiconductor systems. | 1986 | synopsys.com | United States |
Investor details for Sidense
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Timeline of Sidense
4 dated milestones of Sidense across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Sidense is founded.
- Funding First funding round.
- Funding Latest funding round, Series C, of $1.1M.
- Exit Acquired by Synopsys.
Competitors of Sidense
Sidense has 8 listed competitors in our database, 7 of them funded. They include Rambus, VeriSilicon, Ferroelectric Memory Company, SiliConch and Movellus, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| rambus.com | 1990 | Sunnyvale, United States | – | 690 | AI-based silicon IP and chip solutions are developed and licensed. | |
| verisilicon.com | 2001 | Shanghai, China | $92.34M | 60 | Silicon platform-as-a-service is offered for SOC and SIP design solutions. | |
| ferroelectric-memory.com | 2016 | Dresden, Germany | $25.36M | 20 | IPs for HfO2-based non-volatile memories are provided. | |
| siliconch.com | 2016 | Bengaluru, India | $3.35M | 41 | Semiconductor intellectual property cores and design services are provided. | |
| movellus.com | 2014 | Ann Arbor, United States | $37.5M | – | Provider of a cloud-based development platform for SoCs | |
| openedges.com | 2015 | Seoul, South Korea | $2.7M | – | AI-based IP cores for integrated circuits are provided by OPENEDGES. | |
| sure-core.com | 2011 | Sheffield, United Kingdom | $1.57M | 6 | Low-power memory IP is provided for silicon process technologies. | |
| kilopass.com | 2001 | Santa Clara, United States | $42.45M | 64 | Non-volatile memory chips are developed as Kilopass's core focus. |
Detailed competitors of Sidense
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Top companies in Electronic Design & Engineering Tools
10 companies that operate in the same segment as Sidense (Electronic Design & Engineering Tools), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electronic design automation solutions are provided for semiconductor systems. | 1986 | United States | – | USD 7.05 B | 20,000 | |
Silicon platform-as-a-service is offered for SOC and SIP design solutions. | 2001 | Shanghai, China | USD 92.34 M | USD 449.93 M | 2,009 | |
Provider of a suite of cloud-based electronic design automation tools for integrated circuits | 1976 | Austin, Texas, United States | – | USD 37.56 M | 280 | |
Network-on-chip interconnect IP is provided for AI-enabled SoCs. | 2003 | Campbell, California, United States | USD 39.3 M | USD 70.58 M | 267 | |
Serializer-deserializer circuits are developed for high-speed data applications. | 2008 | San Jose, California, United States | USD 108 M | USD 1.34 B | 622 | |
Mathematical computing software is developed for algorithm solutions. | 1984 | Natick, Massachusetts, United States | – | – | 1,355 | |
Cloud and AI-powered tools for integrated circuit design are provided. | 1988 | San Jose, California, United States | – | USD 5.3 B | 12,700 | |
AI-based silicon IP and chip solutions are developed and licensed. | 1990 | Sunnyvale, California, United States | – | USD 707.63 M | 712 | |
Augmented reality software and tools are developed for automotive applications. | 2015 | Helsinki, Finland | USD 31.75 M | – | – | |
Cloud-based analytics software for chip health monitoring is provided. | 2017 | Haifa, Haifa District, Israel | USD 226 M | USD 2.08 M | 25 |
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Frequently Asked Questions about Sidense
Sidense was founded in 2004 and raised its 1st funding round 2 years after it was founded.
Sidense is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.
Sidense is a funded company, having raised a total of $17.7M across 5 funding rounds to date.
Sidense was founded in 2004 in Ottawa, Canada. Embedded non-volatile memory intellectual property is developed for integration into electronic products. Patented 1T-Fuse technology is utilized in one-time programmable OTP memory and logic NVM solutions. These are incorporated by semiconductor and systems manufacturers across various end markets. Operations center on silicon-proven IP for the semiconductor sector.
Sidense's top competitors include VeriSilicon, Rambus and SiliConch.
Sidense has 8 investors. Key investors include Synopsys, Espresso Capital, Trellis Capital, VentureLink Funds, and Vertex Ventures.
Yes. Sidense was acquired by Synopsys in October 2017.