When was Cadence founded?

Cadence was founded in 1988 and raised its 1st funding round 4 years after it was founded.

Where is Cadence located?

Cadence is headquartered in San Jose, United States. It is registered at San Jose, California.

Which legal entities is Cadence associated with?

Cadence is associated with CADENCE DESIGN SYSTEMS (INDIA) PRIVATE LIMITED and 2 others.

How many employees does Cadence have?

As of Sep 30, 2026, the latest employee count at Cadence is 11812.

Is Cadence a funded company?

Cadence is a funded company, having raised an undisclosed amount across 5 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on 1992.

When was the latest funding round of Cadence?

Cadence's latest funding was a $***** Post IPO round on Apr 07, 2023, with participation from 0 investor.

Where does Cadence rank among its competitors?

Cadence ranks 6th amongst 407 active competitors, of which 66 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Cognichip, which secured $60M in Apr, 2026.

Who are the top competitors of Cadence?

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

Cadence - 2026 Company Profile, Team, Funding & Competitors

Cadence is a public company based in San Jose (United States), founded in 1988. It operates as a Provider of electronic design automation software for semiconductor industry. Cadence has raised an undisclosed amount in funding. The company has 407 active competitors, including 66 funded and 67 that have exited. Its top competitors include companies like Unity, MathWorks and Cognichip.

Company Details

Provider of electronic design automation software for semiconductor industry. The company supplies computational software, hardware, and IP for designing integrated circuits, systems-on-chips, and printed circuit boards. Tools cover schematic capture, simulation, synthesis, layout, physical design, verification, and analysis for digital, analog, and mixed-signal circuits. Solutions support system-level design for electronics, aerospace, defense, and automotive applications.

Website: www.cadence.com/
Social
Registered Address: San Jose, California

Key Metrics

Founded Year

1988

Location

San Jose, United States

Stage

Public

Latest Funding Round

Post IPO, Apr 07, 2023, $*****

Investors

Concord Venture Capital Group & 10 more

Ranked

6^th among 407 active competitors

Employee Count

11,812 as on Sep 30, 2026

Investment & Acquisitions

Tenstorrent & 44 more

Similar Companies

Unity & 335 more

Exit Details

Public

View Cadence's full profile

Cadence is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Cadence, CIN: 40103520245 , Latvia, Active	Mar 07, 2012	€0 - €1M (As on Dec 31, 2024)	11 (As on Dec 31, 2022)	-
CADENCE DESIGN SYSTEMS (INDIA) PRIVATE LIMITED CIN: U30007KA1986PTC080807 , India, Active	Dec 01, 1986	₹1,000+ Cr (As on Mar 31, 2025)	3883 (As on Apr 01, 2025)
CADENCE DESIGN SYSTEMS INC CIN: 770148231 , United States, Active	Dec 26, 999	-	3716 (As on Dec 31, 2024)	-

Cadence got listed on Jun 10, 1987.

Click here to take a look at Cadence's IPO in detail

Cadence has raised funding over 5 rounds. Its first funding round was on 1992. Cadence has 11 institutional investors.

Here is the list of recent funding rounds of Cadence:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 07, 2023	3326928	Post IPO	7823012	2757783	9958319	3936909
Jan 04, 2017	7457799	Grant (prize money)	5516261	7801072	2938172	Europa
Oct 07, 2014	3296352	Post IPO	1007110	3507348	2005046	Inertia Advisors

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Cadence's employee count trend

Cadence has 11,812 employees as of Sep 26. Here is Cadence's employee count trend over the years:

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Top competitors of Cadence include Unity, MathWorks and Cognichip. Here is the list of Top 10 competitors of Cadence, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Unity 2004, San Francisco (United States), Public	Developer of a real-time development platform for 2D and 3D content	$894M	Silver Lake, DFJ Growth & 53 others	74/100
2nd	MathWorks 1984, Natick (United States), Funding Raised	Developer of solutions for algorithm development	-	Endeavour Vision, Tigerlabs & 4 others	72/100
3rd	Cognichip 2024, Redwood City (United States), Series A	Developer of physics informed artificial intelligence models for chip design	$93M	Lux Capital, Seligman & 6 others	68/100
4th	National Instruments 1976, Austin (United States), Acquired	Provider of hardware, software, and services for test and measurement	-	BAFA, Europa & 1 others	68/100
5th	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	67/100
6th	Cadence 1988, San Jose (United States), Public	Provider of electronic design automation software for semiconductor industry	-	Concord Venture Capital Group, Herald Investment Management ... & 9 others	67/100
7th	Synopsys 1986, Sunnyvale (United States), Public	Provider of engineering solutions from silicon to systems, including EDA tools, semiconductor IP, and systems verification	-	Oak Investment Partners, Nvidia & 4 others	66/100
8th	Autodesk 1982, San Francisco (United States), Public	Developer of software for architecture engineering construction and product design	-	JANA Partners, Northzone & 3 others	65/100
9th	Mentor Graphics 1981, Wilsonville (United States), Acquired	Developer of software tools for electronic design automation	-	Elliott Management, Gefinor Capital & 7 others	64/100
10th	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 & 10 others	63/100

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Cadence has made 11 investments in companies including Tenstorrent and Kandou. Cadence has also acquired 34 companies including EMA and Secure-IC.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Aug 26, 2026	Investments	Tenstorrent	2016	Toronto (Canada)
Mar 23, 2026	Investments	Kandou	2011	Lausanne (Switzerland)
Mar 05, 2026	Acquisition	EMA	1989	Rochester (United States)