Cadence Design Systems revenue hit $2.7 billion in 2023
Cadence Design Systems team size is 7780 employees
Cadence Design Systems
How Cadence Design Systems hit $2.7B Revenue
Cadence Design Systems was founded in 1988 after the merger of ECAD and SDA Systems. Cadence is known as an electronic design automation, or EDA, firm that specializes in developing software, hardware, and intellectual property that automates the design and verification of integrated circuits or larger chip systems. Historically, the firm's tools have been relied on by semiconductor firms, but there has been a shift toward other nontraditional "systems" users given the development of the Internet of Things, artificial intelligence, autonomous vehicles, and cloud computing. Cadence is headquartered in Silicon Valley, has approximately 7,600 employees worldwide, and was added to the S&P 500 in late 2017.The company seeks to strengthen and expand its core business through acquisitions.,
1988
Founded
$2.7B
2022 Revenue
YOY
Funding
Cadence Design Systems Revenue
In 2022, Cadence Design Systems revenue run rate hit $2.7B in revenue.
2020
Cadence Design Systems hit $2.7B in revenue in 2020
2019
Cadence Design Systems hit $2.3B in revenue in 2019
1988
Cadence Design Systems launched in 1988 with $0 revenue
Cadence Design Systems Funding History
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|
Team
Cadence Design Systems has 7780 total employees
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 7780 |
| Engineer | 0(0%) |
| Sales | 0(0%) |
| Marketing | 0(0%) |
CEO/Founder
Lip-Bu Tan
Q&A
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Customers
Cadence Design Systems has 0 customers.
Lifetime Months
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Monthly ARPU
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Lifetime Dollar
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Acquisition Cost
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Average Annual Price
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Churn
Cadence Design Systems has an annual churn rate of 0.00%.
Gross Annual Dollar Churn
-0.00%
Annual Dollar Expansion
0.00%
Net Revenue Retention
0.00%
About Cadence Design Systems
Monthly Revenue
$223.6M
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Total Expenses
$0.0
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Net Income
$0.0
EBIDTA Margin
0.0%
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YOY Growth
14.85%
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Rule of 40
15
Cadence Design Systems Board of Directors
| Name | Position |
|---|
Cadence Design Systems Executives
| Name | Position |
|---|---|
| Lip-Bu Tan | CEO |
Cadence Design Systems Employees
| Name | Position |
|---|---|
| Lip-Bu Tan | CEO |
Frequently Asked Questions about Cadence Design Systems
When was Cadence Design Systems founded?
Cadence Design Systems was founded in 1988.
How much revenue does Cadence Design Systems generate?
Cadence Design Systems generates $2.7B in revenue.
Who is the CEO of Cadence Design Systems?
The CEO of Cadence Design Systems is Lip-Bu Tan.
How much funding does Cadence Design Systems have?
Cadence Design Systems raised $0.
How many employees does Cadence Design Systems have?
Cadence Design Systems has 7780 employees.
Where is Cadence Design Systems headquarters?
Cadence Design Systems is headquartered in United States