Altera Corporation is a leading global supplier of programmable logic devices (FPGAs) and system-on-chip solutions. Founded in 1983 and headquartered in San Jose, California, Altera designs and manufactures field-programmable gate arrays, CPLDs, and related development tools. The company's broad portfolio includes the Agilex, Stratix, Arria, Cyclone, and MAX FPGA families serving markets including data centers, communications, industrial automation, aerospace, defense, automotive, and edge AI. Altera became an independent company when Silver Lake acquired a 51% stake from Intel in September 2025, establishing it as the world's largest pure-play FPGA semiconductor solutions provider.
Altera has been acquired
This company is no longer available on our private secondary market.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
1983
Employees
1,500–1,700
Total Funding
$31M
2 rounds
Total raised $31M across 2 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
Series B
Date
January 21, 2025
Amount
$31M
Valuation
—
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| January 21, 2025 | Series B | $31M | — | Not disclosed |
| April 11, 2024 | Series A | Not disclosed | — | First Spark Ventures |
Raghib Hussain
Chief Executive Officer
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