When was Bluespec founded?

Bluespec was founded in 2003 and raised its 1st funding round within a year of its incorporation.

Where is Bluespec located?

Bluespec is headquartered in Framingham, United States. It is registered at Framingham, Massachusetts.

How many employees does Bluespec have?

As of May 31, 2026, the latest employee count at Bluespec is 37.

Is Bluespec a funded company?

Bluespec is a funded company, having raised a total of $26.8M across 8 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Dec 08, 2003.

When was the latest funding round of Bluespec?

Bluespec's latest funding was a $***** Series C round on Feb 07, 2023, with participation from 0 investor. Its primary sector is Open Source. In United States, the Open Source sector has seen $3.27B in funding in 2026 to date.

Where does Bluespec rank among its competitors?

Bluespec ranks 18th amongst 498 active competitors, of which 68 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Cognichip, which secured an undisclosed amount in Apr, 2026.

Who are the top competitors of Bluespec?

Bluespec's top competitors include GitHub, Gitlab and Cadence. Among them, Cognichip secured the most recent funding round in April, 2026.

Bluespec - 2026 Company Profile, Team, Funding & Competitors

Bluespec is a series C company based in Framingham (United States), founded in 2003 by Joe Stoy. It operates as a Provider of electronic design synthesis tools for integrated circuits & FPGAs. Bluespec has raised $26.8M in funding from Atlas Venture and North Bridge Venture Partners. The company has 498 active competitors, including 68 funded and 77 that have exited. Its top competitors include companies like GitHub, Gitlab and Cadence.

Company Details

Provider of electronic design synthesis tools for integrated circuits & FPGAs. It develops tools for speed integration, debugging and verification of embedded systems. It enables the synthesis of models and test benches along with legacy IP to employ emulation for modelling, verification, and early software development. It also offers open-source hardware, which simulates factory cores.

Website: bluespec.com
Social
Email ID: *****@bluespec.com
Phone Number: +1 **********
Registered Address: Framingham, Massachusetts

Key Metrics

Founded Year

2003

Location

Framingham, United States

Stage

Series C

Total Funding

$26.8M in 8 rounds

Latest Funding Round

Series C, Feb 07, 2023, $*****

Investors

Atlas Venture & 2 more

Ranked

18^th among 498 active competitors

Employee Count

37 as on May 31, 2026

Similar Companies

GitHub & 524 more

View Bluespec's full profile

Bluespec is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
BLUESPEC CIN: 743096606 , United States, Active	Dec 26, 999	-	12 (As on Dec 31, 2024)	-
BLUESPEC, INC CIN: 74-3096606 , United States, Active		-	9 (As on Dec 31, 2021)	-

Bluespec has raised a total funding of $26.8M over 8 rounds. Its first funding round was on Dec 08, 2003. Bluespec has 3 institutional investors.

Here is the list of recent funding rounds of Bluespec:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 07, 2023	6291282	Series C	5425420	2963790	1835656	1209624
Jan 26, 2012	7148457	Series C	3119029	1377377	7021861	2970329
Feb 23, 2011	5243131	Series C	5726813	3178480	1145851	7829309

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View details of Bluespec's funding rounds and investors

The founders of Bluespec is Joe Stoy.

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

Joe Stoy: Co-Founder & Principal Engineer of Bluespec.
Charlie Hauck: CEO of Bluespec.

View details of Bluespec's Founder profiles and Board Members

Bluespec's employee count trend

Bluespec has 37 employees as of May 26. Here is Bluespec's employee count trend over the years:

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Top competitors of Bluespec include GitHub, Gitlab and Cadence. Here is the list of Top 10 competitors of Bluespec, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	GitHub 2008, San Francisco (United States), Acquired	Developer of software collaboration tools and automated code management systems	$354M	Sequoia Capital, Andreessen Horowitz & 14 others	87/100
2nd	Gitlab 2011, San Francisco (United States), Public	Provider of a platform for software development, security, and delivery	$435M	Khosla Ventures, Iconiq Capital & 50 others	80/100
3rd	Cadence 1988, San Jose (United States), Public	Provider of electronic design automation software for semiconductor industry	-	Herald Investment Management, Concord Venture Capital Group ... & 9 others	72/100
4th	Synopsys 1986, Sunnyvale (United States), Public	Provider of engineering solutions from silicon to systems, including EDA tools, semiconductor IP, and systems verification	-	Omnes Capital, Nvidia & 3 others	70/100
5th	National Instruments 1976, Austin (United States), Acquired	Provider of hardware, software, and services for test and measurement	-	BAFA, Europa & 1 others	66/100
6th	proteanTecs 2017, Haifa (Israel), Series D	Provider of cloud-based lifecycle analytics software for chips	$250M	Koch Disruptive Technologies, Viola Group ... & 25 others	66/100
7th	Flux AI 2019, San Francisco (United States), Series B	Developer of an AI-powered platform for PCB design and layout	$49M	Outsiders Fund, 8VC & 11 others	65/100
8th	Cognichip 2024, Redwood City (United States), Series A	Developer of artificial intelligence software for semiconductor design automation tools	$93M	Seligman Ventures, Mayfield & 4 others	63/100
9th	Normal Computing 2022, New York City (United States), Series A	Developer of AI software for hardware engineering and EDA solutions	$85M	Samsung Catalyst Fund, Celesta Capital & 8 others	62/100
10th	Data Patterns 1985, Chennai (India), Public	Provider of mission‑critical embedded electronic systems and sensor‑centric solutions	-	SIDBI Venture Capital, Yali Capital & 1 others	62/100
18th	Bluespec 2003, Framingham (United States), Series C	Provider of electronic design synthesis tools for integrated circuits & FPGAs	$26.8M	Atlas Venture, Accomplice & 1 others	55/100