When was Altera founded?

Altera was founded in 1983 and raised its 1st funding round 38 years after it was founded.

Where is Altera located?

Altera is headquartered in San Jose, United States. It is registered at 872D1 HAL 3 Stage Michael, Palya Road, Indiranagar, New Thippasandra, Bangalore, Bangalore North, Karnataka, India, 560075.

How many employees does Altera have?

As of Mar 31, 2026, the latest employee count at Altera is 2004.

Is Altera a funded company?

Altera is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Mar 01, 2021.

How much is Altera worth?

The last known valuation of Altera was $***** as of Apr 14, 2025.

When was the latest funding round of Altera?

Altera's latest funding was a $***** Grant (prize money) round on Nov 01, 2022, with participation from 1 investor.

Where does Altera rank among its competitors?

Altera ranks 1st amongst 107 active competitors, of which 22 are funded. It stands 7th 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 Altera?

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

Altera - 2026 Company Profile, Team, Funding & Competitors

Q: Is Altera an acquired company?

Altera got acquired by Silver Lake on Apr 14, 2025.

Altera is an acquired company based in San Jose (United States), founded in 1983. It operates as a Provider of programmable solutions including FPGAs, CPLDs, intellectual property and development tools. Altera has raised an undisclosed amount in funding, with last known valuation of $*****. The company has 107 active competitors, including 22 funded and 15 that have exited. Its top competitors include companies like Gowin Semiconductor, Efficient Computer and EFinix.

Company Details

Provider of programmable solutions including FPGAs, CPLDs, intellectual property and development tools. The company offers a portfolio of products designed for applications from cloud to edge. These products provide flexibility to accelerate innovation. Offerings include development software, kits, system on modules, and smart network interface cards.

Website: www.altera.com/
Social
Registered Address: 872D1 HAL 3 Stage Michael, Palya Road, Indiranagar, New Thippasandra, Bangalore, Bangalore North, Karnataka, India, 560075

Key Metrics

Founded Year

1983

Location

San Jose, United States

Stage

Acquired

Latest Funding Round

Grant (prize money), Nov 01, 2022, $*****

Last Known Valuation

$***** as on Apr 14, 2025

Investors

daVinci Capital Group & 2 more

Ranked

1^st among 107 active competitors

Employee Count

2,004 as on Mar 31, 2026

Investment & Acquisitions

Lime Micro & 2 more

Similar Companies

Gowin Semiconductor & 76 more

Exit Details

Acquired by Silver Lake (Apr 14, 2025)

View Altera's full profile

Altera is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ALTERA SEMICONDUCTOR TECHNOLOGY (INDIA) PRIVATE LIMITED CIN: U26103KA2023FTC179136 , India, Active	Sep 26, 2023	$12.9M (As on Mar 31, 2025)	-

Altera got acquired by Silver Lake on Apr 14, 2025 at an acquisition amount of $*****.

Click here to take a look at Altera's acquisition in detail

Altera has raised funding over 2 rounds. Its first funding round was on Mar 01, 2021. Its latest funding round was a Grant (prize money) round on Nov 01, 2022 for $*****. 1 investor participated in its latest round. Altera has 3 institutional investors.

Here is the list of recent funding rounds of Altera:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 01, 2022	6258313	Grant (prize money)	2369246	2607659	5189928	7152901
Mar 01, 2021	9439747	Grant (prize money)	9479993	4802405	1616926	Europa

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Altera's employee count trend

Altera has 2,004 employees as of Mar 26. Here is Altera's employee count trend over the years:

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Top competitors of Altera include Gowin Semiconductor, Efficient Computer and EFinix. Here is the list of Top 10 competitors of Altera, 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	Gowin Semiconductor 2014, Guangzhou (China), Series B	Provider of FPGA devices, design tools, IP cores, and development kits	$132M	-	62/100
3rd	Efficient Computer 2022, Pittsburgh (United States), Series A	Programmable processor architecture for computers	$76.2M	Eclipse, Triatomic & 7 others	62/100
4th	EFinix 2012, Santa Clara (United States), Series A	Provider of programmable logic cores	$9.75M	Xilinx, Alibaba Entrepreneurs Fund & 7 others	62/100
5th	Xilinx 1984, San Jose (United States), Acquired	Provider of processors, graphics, adaptive SoCs, FPGAs, software, and tools	-	Point Financial, Crosslink Capital & 8 others	61/100
6th	Lattice Semiconductor 1983, Portland (United States), Public	Manufacturer of low power field programmable gate arrays and software	-	Lion Point	58/100
7th	NanoXplore 2010, Bievres (France), Series B	Fabless semiconductor company which develops IP solutions for embedded FPGA	$23.5M	Defence Innovation Fund, MBDA & 1 others	56/100
8th	SP Devices 2004, Linkoping (Sweden), Acquired	Signal processing solutions for communication industry	$3.89M	SEB, Europa	54/100
9th	Achronix 2004, Santa Clara (United States), Series C	Manufacturer of AI-based field-programmable gate arrays and IPs	$132M	New Science Ventures, Easton Capital Investment Group ... & 5 others	54/100
10th	QuickLogic 1988, Sunnyvale (United States), Public	Developer of low power field programmable gate arrays	-	Firsthand Technology Value Fund, Heritage Bank of Commerce ... & 4 others	50/100

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Altera has made 2 investments in Lime Micro and Tensilica and acquired Enpirion.

Here is the list of these investments and acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jun 16, 2014	Investments	Lime Micro	2005	Guildford (United Kingdom)
May 07, 2013	Acquisition	Enpirion	2001	Bridgewater (United States)
Jul 23, 1999	Investments	Tensilica	1997	Santa Clara (United States)