When was Pyxis Technology founded?

Pyxis Technology was founded in 2004 and raised its 1st funding round 2 years after it was founded.

Where is Pyxis Technology located?

Pyxis Technology is headquartered in Austin, United States.

Is Pyxis Technology a funded company?

Pyxis Technology is a funded company, having raised a total of $18.7M across 3 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on Jun 26, 2006.

When was the latest funding round of Pyxis Technology?

Pyxis Technology's latest funding was a $***** Series C round on Apr 20, 2010, with participation from 0 investor. Its primary sector is Electronic Design Automation Tools. In United States, the Electronic Design Automation Tools sector has seen $1.02B in funding in 2026 to date.

Where does Pyxis Technology rank among its competitors?

Pyxis Technology ranks 16th amongst 61 active competitors, of which 11 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Mach42, which secured $9.41M in Jul, 2026.

Who are the top competitors of Pyxis Technology?

Pyxis Technology's top competitors include Real Intent, Bluespec and Mach42. Among them, Mach42 secured the most recent funding round in July, 2026.

Pyxis Technology - 2026 Company Profile, Funding & Competitors

Pyxis Technology is an acquired company based in Austin (United States), founded in 2004. It operates as an Integrated circuit (IC) routing software for both full-custom and semi-custom IC designs.. Pyxis Technology has raised $18.7M in funding. The company has 61 active competitors, including 11 funded and 14 that have exited. Its top competitors include companies like Real Intent, Bluespec and Mach42.

Company Details

Pyxis Technology, Inc. provides integrated circuit (IC) routing software for full-custom and semi-custom IC designs. It offers routing products, such as NexusRoute-SoC, a yield-aware and semi-custom IC router for system-on-chip semi-custom design applications; and NexusRoute-HPC that provides users with control of routing constraints for hierarchical custom-design. It was acquired by Mentor Graphics Corp in July,2010 to enhances their custom IC Design tool suite, IC Station.

Key Metrics

Founded Year

2004

Location

Austin, United States

Stage

Acquired

Total Funding

$18.7M in 3 rounds

Latest Funding Round

Series C, Apr 20, 2010, $*****

Investors

KT Venture Group & 3 more

Ranked

16^th among 61 active competitors

Similar Companies

Real Intent & 51 more

Exit Details

Acquired by Mentor Graphics (Jul 01, 2010)

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Pyxis Technology got acquired by Mentor Graphics on Jul 01, 2010.

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Pyxis Technology has raised a total funding of $18.7M over 3 rounds. Its first funding round was on Jun 26, 2006. Pyxis Technology has 4 institutional investors.

Here is the list of recent funding rounds of Pyxis Technology:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 20, 2010	4975735	Series C	1745129	7279479	6871314	6411039
Apr 07, 2009	9011981	Series C	2864565	5202107	8010569	Austin Ventures & 3 more
Jun 26, 2006	6975165	Series B	4492700	5578511	1769272	CMEA Capital & 3 more

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Top competitors of Pyxis Technology include Real Intent, Bluespec and Mach42. Here is the list of Top 10 competitors of Pyxis Technology, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Real Intent 1999, Sunnyvale (United States), Series B	Early Functional Verification and Advanced Sign-off	$35.5M	-	57/100
2nd	Bluespec 2003, Framingham (United States), Series C	Provider of electronic design synthesis tools for integrated circuits & FPGAs	$26.8M	Atlas Venture, North Bridge Venture Partners ... & 1 others	54/100
3rd	Mach42 2019, Oxford (United Kingdom), Seed	Provider of AI-powered analog circuit verification acceleration	$14.9M	IP Group, Oxford Technology & 5 others	53/100
4th	Cycuity 2014, San Jose (United States), Acquired	Provider of cyber security services	$2M	EvoNexus, Eclipse & 7 others	50/100
5th	CarbonDesignSystems 2002, Cambridge (United Kingdom), Acquired	Developer of an open-source modeling tool to create, update, and manage databases and data models	$38.9M	Flagship Pioneering, Commonwealth Capital Ventures ... & 2 others	50/100
6th	Intrinsity 1997, Austin (United States), Acquired	Designs, develops, and sells consumer electronics, software, and online services	$92.5M	Goldman Sachs, Altitude Capital Partners & 3 others	44/100
7th	Jasper DA 1999, Mountain View (United States), Acquired	EDA company developing verification system that provides bug detection and debugging solutions	$12.5M	Foundation Capital, Northzone & 7 others	43/100
8th	CiraNova 2002, Santa Clara (United States), Acquired	Electronic design automation company	$26.8M	USVP, AsiaTech Management & 5 others	43/100
9th	Breker Verification Systems 2003, Mountain View (United States), Series A	SoC Verification software provider	$5M	Astor Capital Group	39/100
10th	Azuro 2002, Santa Clara (United States), Acqui-Hired	CCOPT technology for Embeded Processors and SOCs	$12M	Miramar Digital Ventures, Western Technology Investment ... & 3 others	39/100
16th	Pyxis Technology 2004, Austin (United States), Acquired	Integrated circuit (IC) routing software for both full-custom and semi-custom IC designs.	$18.7M	KT Venture Group, CMEA Capital & 2 others	35/100