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.

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 4th amongst 104 active competitors, of which 22 are funded. It stands 8th 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 Efficient Computer, EFinix and Xilinx. 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 104 active competitors, including 22 funded and 15 that have exited. Its top competitors include companies like Efficient Computer, EFinix and Xilinx.

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

PointGuard Ventures & 2 more

Ranked

4^th among 104 active competitors

Investment & Acquisitions

Lime Micro & 2 more

Similar Companies

Xilinx & 73 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 $3.3B. It was facilitated by Skadden and Latham & Watkins.

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	3728077	Grant (prize money)	5259984	5977479	6827236	8555908
Mar 01, 2021	4265998	Grant (prize money)	9357827	9939538	5432354	Europa

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Top competitors of Altera include Efficient Computer, EFinix and Xilinx. 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	Efficient Computer 2022, Pittsburgh (United States), Series A	Programmable processor architecture for computers	$76.2M	Eclipse, Triatomic & 7 others	62/100
2nd	EFinix 2012, Santa Clara (United States), Series A	Provider of programmable logic cores	$9.75M	Xilinx, Alibaba Entrepreneurs Fund & 7 others	61/100
3rd	Xilinx 1984, San Jose (United States), Acquired	Provider of processors, graphics, adaptive SoCs, FPGAs, software, and tools	-	Point Financial, Kleiner Perkins & 8 others	61/100
4th	Altera 1983, San Jose (United States), Acquired	Provider of programmable solutions including FPGAs, CPLDs, intellectual property and development tools	-	PointGuard Ventures, daVinci Capital Group ... & 1 others	61/100
5th	QuickLogic 1988, Sunnyvale (United States), Public	Developer of low power field programmable gate arrays	-	New Enterprise Associates, Sequoia Capital ... & 4 others	56/100
6th	Lattice Semiconductor 1983, Portland (United States), Public	Manufacturer of low power field programmable gate arrays and software	-	Lion Point	55/100
7th	SP Devices 2004, Linkoping (Sweden), Acquired	Signal processing solutions for communication industry	$3.89M	SEB, Europa	54/100
8th	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	53/100
9th	Anadigm 2000, Mesa (United States), Series B	Provider of field programmable analog arrays (FPAA)	$41M	Atlas Venture, NIF Ventures & 1 others	52/100
10th	NanoXplore 2010, Bievres (France), Series B	Fabless semiconductor company which develops IP solutions for embedded FPGA	$23.5M	Defence Innovation Fund, Europa & 1 others	52/100

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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)