At that time, Cadence was just being formed with the merger of ECAD and SGA, and Synopsys was being founded as a new start up. At that time, P-CAD was the most prolific EDA company as measured by its user base, easily surpassing established CAD companies such as Autotrol, Calma, Intergraph, Daisy, Mentor, Cadnetix, CAE Systems, ECAD, SDA Systems, etc. P-CAD went on to become the company with the biggest installed base of users of Electronic Design Automation (EDA), with over 10,000 users by 1988. The company originally raised US$500,000 from CrossPoint Venture Partners, and US$3,000,000 in a second round from New Enterprise Associates and Robertson, Coleman and Stephens. The vision of the company was to disrupt the existing hegemony of $250,000 CAD systems based on mainframe computers and custom workstations, and make electronic CAD available to the masses at a cost under $10,000. P-CAD was a play on personal computers, which were just becoming popular, following the launch of the IBM PC. Also, part of the founding team were Gregory Houston, VP Marketing, a former Calma executive, and Chi-Song Horng, Director of software engineering (later promoted as a Vice President), a former AMI software engineering manager. (AMI), a custom semiconductor company based in Santa Clara, California. Both were former executives of American Microsystems, Inc. Personal CAD Systems was founded in 1982 by Richard Nedbal and Roy Prasad. The last release of the software was in 2006 before it was retired in favor of the Altium Designer product. The company was divested into ACCEL Technologies which was purchased by Altium in 2000. It manufactured a CAD software available for personal computers. P-CAD was the brand name of Personal CAD Systems, Inc., a California based manufacturer of electronic design automation software.
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