When was Achronix founded?

Achronix was founded in 2004 and raised its 1st funding round 3 years after it was founded.

Where is Achronix located?

Achronix is headquartered in Santa Clara, United States. It is registered at Bridge, PS 20, 2nd Floor, Ascendas Park Square Mall, Whitefiled Road, ITPB, Whitefield, Bangalore, Bangalore South, Karnataka, India, 560066.

How many employees does Achronix have?

As of Aug 31, 2026, the latest employee count at Achronix is 117.

Is Achronix a funded company?

Achronix is a funded company, having raised a total of $132M across 6 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jan 23, 2007.

When was the latest funding round of Achronix?

Achronix's latest funding was a $***** Conventional Debt round on Apr 09, 2013, with participation from 0 investor.

What is the annual revenue of Achronix?

Annual revenue of Achronix is between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Where does Achronix rank among its competitors?

Achronix ranks 10th amongst 134 active competitors, of which 24 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was NanoXplore, which secured $23.5M in Dec, 2025.

Who are the top competitors of Achronix?

Achronix's top competitors include Altera, Efficient Computer and Gowin Semiconductor. Among them, NanoXplore secured the most recent funding round in December, 2025.

Achronix - 2026 Company Profile, Team, Funding, Competitors & Financials

Achronix is a series C company based in Santa Clara (United States), founded in 2004 by Rajit Manohar, Virantha N Ekanayake, Clinton W Kelly and Virantha Ekanayake. It operates as a Manufacturer of AI-based field-programmable gate arrays and IPs. Achronix has raised $132M in funding from investors like New Science Ventures, Battery Ventures and Easton Capital Investment Group. The company has 134 active competitors, including 24 funded and 16 that have exited. Its top competitors include companies like Altera, Efficient Computer and Gowin Semiconductor.

Company Details

Manufacturer of field-programmable gate arrays and IPs. Its features include 2D network-on-chip, high-speed interfaces, and machine learning processors. It also offers FPGA design tools and embedded FPGA IPs. It has use cases in multiple applications including networking, telecom, high-performance computing, military, and security.

Website: achronix.com
Registered Address: Bridge, PS 20, 2nd Floor, Ascendas Park Square Mall, Whitefiled Road, ITPB, Whitefield, Bangalore, Bangalore South, Karnataka, India, 560066

Key Metrics

Founded Year

2004

Location

Santa Clara, United States

Stage

Series C

Total Funding

$132M in 6 rounds

Latest Funding Round

Conventional Debt, Apr 09, 2013, $*****

Investors

New Science Ventures & 6 more

Ranked

10^th among 134 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

117 as on Aug 31, 2026

Similar Companies

Altera & 101 more

View Achronix's full profile

Achronix is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ACHRONIX SEMICONDUCTOR (INDIA) PRIVATE LIMITED CIN: U72100KA2007FTC044717 , India, Active	Dec 19, 2007	₹10 - ₹50 Cr (As on Mar 31, 2025)	26 (As on Aug 31, 2024)
ACHRONIX SEMICONDUCTOR CORPORATI CIN: 204342651 , United States, Active		-	102 (As on Dec 31, 2024)	-

Achronix has raised a total funding of $132M over 6 rounds. Its first funding round was on Jan 23, 2007. Achronix has 7 institutional investors.

Here is the list of recent funding rounds of Achronix:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 09, 2013	6712331	Conventional Debt	6974910	8853016	6719637	7053030
Feb 05, 2013	1139058	Conventional Debt	7353610	5455115	5248536	5250424
Aug 01, 2012	9250099	Series C	9185451	6645576	3162552	9554154

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View details of Achronix's funding rounds and investors

The founders of Achronix are Rajit Manohar, Virantha N Ekanayake, Clinton W Kelly and Virantha Ekanayake.

Here are the details of Achronix's key team members:

Rajit Manohar: Founder and CTO of Achronix.
Virantha N Ekanayake: Co-Founder & CTO of Achronix.
Clinton W Kelly: Former Co-Founder of Achronix.
Virantha Ekanayake: Co-founder and Director of Engineering, Core Technology of Achronix.

Achronix's Board of Directors

Achronix's board has 2 active members. Robert Blake is part of team and Ganesh E Meharwade is independent board member.

Here is the list of Achronix's board of directors:

Name	Type	Representing	Status	Duration
ghqu{zb	Team	-	Current	7y 6m
Ganesh E Meharwade	Independent board member	-	Current	4y 0m

View details of Achronix's Founder profiles and Board Members

Achronix's employee count trend

Achronix has 117 employees as of Aug 26. Here is Achronix's employee count trend over the years:

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Top competitors of Achronix include Altera, Efficient Computer and Gowin Semiconductor. Here is the list of Top 10 competitors of Achronix, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Altera 1983, San Jose (United States), Acquired	Provider of programmable solutions including FPGAs, CPLDs, intellectual property and development tools	-	daVinci Capital Group, PointGuard Ventures ... & 1 others	63/100
2nd	Efficient Computer 2022, Pittsburgh (United States), Series A	Programmable processor architecture for computers	$76.2M	Eclipse, Triatomic & 8 others	62/100
3rd	Gowin Semiconductor 2014, Guangzhou (China), Series B	Provider of FPGA devices, design tools, IP cores, and development kits	$132M	-	61/100
4th	EFinix 2012, Santa Clara (United States), Series A	Provider of programmable logic cores	$9.75M	Xilinx, Alibaba Entrepreneurs Fund & 7 others	60/100
5th	Lattice Semiconductor 1983, Portland (United States), Public	Manufacturer of low power field programmable gate arrays and software	-	Lion Point	58/100
6th	NanoXplore 2010, Bievres (France), Series B	Fabless semiconductor company which develops IP solutions for embedded FPGA	$23.5M	Defence Innovation Fund, Europa & 1 others	56/100
7th	Logic Fruit Technologies 2009, Gurugram (India), Seed	Developer of semiconductor intellectual property and embedded system hardware solutions	$3.53M	Baring Private Equity Partners, Paras Defence & Space Technologies ... & 14 others	54/100
8th	SP Devices 2004, Linkoping (Sweden), Acquired	Signal processing solutions for communication industry	$3.89M	SEB, Europa	54/100
9th	Xilinx 1984, San Jose (United States), Acquired	Provider of processors, graphics, adaptive SoCs, FPGAs, software, and tools	-	Point Financial, SquareOne & 8 others	53/100
10th	Achronix 2004, Santa Clara (United States), Series C	Manufacturer of AI-based field-programmable gate arrays and IPs	$132M	Hercules Capital, New Science Ventures & 5 others	61/100