When was National Instruments founded?

National Instruments was founded in 1976 and raised its 1st funding round 38 years after it was founded.

Where is National Instruments located?

National Instruments is headquartered in Austin, United States. It is registered at Austin, Texas.

Who is the current CEO of National Instruments?

Mahiuddin Howlader of National Instruments.

How many employees does National Instruments have?

As of Sep 30, 2026, the latest employee count at National Instruments is 8008.

Is National Instruments a funded company?

National Instruments is a funded company, having raised an undisclosed amount across 8 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Jan 01, 2014.

How much is National Instruments worth?

The last known valuation of National Instruments was $***** as of Apr 12, 2023.

When was the latest funding round of National Instruments?

National Instruments' latest funding was a $***** Grant (prize money) round on Jan 01, 2023, with participation from 1 investor.

Where does National Instruments rank among its competitors?

National Instruments ranks 2nd amongst 63 active competitors, of which 6 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Axiomatic AI, which secured $18M in Mar, 2026.

Who are the top competitors of National Instruments?

National Instruments' top competitors include Synopsys, Mentor Graphics and Axiomatic AI. Among them, Axiomatic AI secured the most recent funding round in March, 2026.

National Instruments - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of hardware, software, and services for test and measurement. The company offers solutions across industries, including aerospace, electronics, energy, and transportation. Its products support design, validation, and production phases. The company provides various hardware, software, and related services.

Website: www.ni.com/en.html
Email ID: *****@ni.com, *****@ni.com
Phone Number: +91 **********
Registered Address: Austin, Texas

Key Metrics

Founded Year

1976

Location

Austin, United States

Stage

Acquired

Latest Funding Round

Grant (prize money), Jan 01, 2023, $*****

Last Known Valuation

$***** as on Apr 12, 2023

Investors

BAFA & 2 more

Ranked

2^nd among 63 active competitors

Employee Count

8,008 as on Sep 30, 2026

Investment & Acquisitions

SET & 11 more

Similar Companies

Synopsys & 53 more

Exit Details

Acquired by Emerson (Apr 12, 2023)

View National Instruments' full profile

National Instruments is associated with 9 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SysIT s.r.o. CIN: 29047919 , Czech Republic, Active	Mar 03, 2010	-	-
Deer Codes, S.r.o. CIN: 07608594 , Czech Republic, Active	Nov 02, 2018	-	-
HEPATICA MEDICAL s.r.o. CIN: 06749216 , Czech Republic, Active	Jan 09, 2018	-	-
NMC Invest s.r.o. CIN: 05391563 , Czech Republic, Active	Sep 14, 2016	-	-
NI CIN: 43603061549 , Latvia, Active	Oct 07, 2013	€0 - €1M (As on Dec 31, 2024)	5 (As on Dec 31, 2023)	-
NATIONAL INSTRUMENTS NORWAY AS CIN: 914813492 , Norway, Active	Jan 13, 2015	-	-
National Instruments Corp CIN: 935494 , United States, Active	May 02, 1994	$1B+ (As on Dec 31, 2022)	-	-
NI SYSTEMS (INDIA) PRIVATE LIMITED CIN: U72900KA2000PTC026543 , India, Active	Mar 07, 2000	₹100 - ₹500 Cr (As on Mar 31, 2025)	-
National Instruments Corporation CIN: 741871327 , United States, Active	Dec 26, 999	-	1582 (As on Dec 31, 2024)	-

National Instruments got acquired by Emerson on Apr 12, 2023 at an acquisition amount of $*****.

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

National Instruments has raised funding over 8 rounds. Its first funding round was on Jan 01, 2014. Its latest funding round was a Grant (prize money) round on Jan 01, 2023 for $*****. 1 investor participated in its latest round. National Instruments has 3 institutional investors.

Here is the list of recent funding rounds of National Instruments:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 01, 2023	5450268	Grant (prize money)	3468231	5753523	5795829	7743941
Sep 14, 2021	9455518	Grant (prize money)	7026856	9889816	2061702	BAFA
Jan 01, 2020	8872066	Grant (prize money)	3747893	5946115	7466733	Europa

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View details of National Instruments's funding rounds and investors

The founders of National Instruments are James Truchard and Jeff Kodosky. Mahiuddin Howlader is the CEO of National Instruments.

Here are the details of National Instruments' key team members:

James Truchard: Co-Founder of National Instruments.
Contact Info: 1 email address
Jeff Kodosky: Co-Founder of National Instruments.
Contact Info: 1 email address
Mahiuddin Howlader: CEO of National Instruments.
Contact Info: 1 email address

View details of National Instruments's Founder profiles and Board Members

National Instruments' employee count trend

National Instruments has 8,008 employees as of Sep 26. Here is National Instruments's employee count trend over the years:

Employee count trend for National Instruments

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Top competitors of National Instruments include Synopsys, Mentor Graphics and Axiomatic AI. Here is the list of Top 10 competitors of National Instruments, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	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 & 3 others	69/100
2nd	National Instruments 1976, Austin (United States), Acquired	Provider of hardware, software, and services for test and measurement	-	BAFA, Europa & 1 others	66/100
3rd	Mentor Graphics 1981, Wilsonville (United States), Acquired	Developer of software tools for electronic design automation	-	Elliott Management, Gefinor Capital & 7 others	60/100
4th	Axiomatic AI 2024, Cambridge (United States), Seed	Developer of verifiable AI for scientific and engineering applications	$18M	Engine Ventures, Kleiner Perkins & 4 others	59/100
5th	NanGate 2004, Santa Clara (United States), Acqui-Hired	Semiconductor and photonics design software and IP solutions provider	$35M	Sunstone, Northcap Partners & 2 others	54/100
6th	Wave Photonics 2021, Cambridge (United Kingdom), Seed	Provider of photonic design and development services	$6.87M	University of Cambridge, UK Innovation Science & Seed Fund ... & 11 others	52/100
7th	VPIphotonics 2002, Berlin (Germany), Acquired	Provider of simulators for integrated photonic waveguide and optical fiber	-	Europa	47/100
8th	AMIQ EDA 2008, Bucharest (Romania), Unfunded	Provider of EDA tools for hardware design and verification	-	-	43/100
9th	Photon Design 1992, Oxford (United Kingdom), Funding Raised	Provider of simulation software for the photonic ICs	-	Europa	41/100
10th	Solido Design 2005, Saskatoon (Canada), Acquired	ML-powered variation-aware design software	$6.5M	.goldenopportunities.ca, BDC & 2 others	40/100

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National Instruments has made 1 investments in companies including The Canary System / Quantum Dental Technologies. National Instruments has also acquired 11 companies including SET and NHR.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Mar 06, 2023	Acquisition	SET	2001	Wangen im Allgau (Germany)
Oct 28, 2021	Acquisition	NHR	1964	Irvine (United States)
May 04, 2021	Acquisition	monoDrive	2016	Austin (United States)

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See all acquisitions by National Instruments

Here is the latest report on National Instruments's sector:

Free

Electronic Design Automation Tools - Sector Report

Edition: August, 2026 (69 Pages)

View all reports related to National Instruments

Media has covered National Instruments for a total of 7 events in the last 1 year, 3 of them have been about company updates and 2 about partnerships.