About Azuro
Azuro is an Industrial Goods & Manufacturing company based in Santa Clara (United States) founded in 2002, and was acquired by Cadence in July 2011. CCOPT technology is offered for embedded processors and SOCs. It operates in the Industrial Goods & Manufacturing and Technology sectors. Azuro has raised $12 million across 3 funding rounds from investors including Cadence, Balderton Capital and Miramar Digital Ventures. The company was acqui-hired. Its focus areas include Semiconductors, Electronic Design Automation Tools, Verification Tools and Functional Verification. Its legal entity is Azuro Inc. Its competitors include Synopsys, National Instruments Corporation and Mentor Graphics.
Company details
Azuro offered the Clock Concurrent optimization technology(CCOPT) which helps designers to increase performance, power and area. Azuro claimed that ccopt technology has delivered significant improvements in the areas(for embedded processors and SOCs) of Power (clock tree power reduction up to 30 percent and total power improvements of up to 10 percent),Performance (improvements of up to 100 MHz for a GHz design), and Area (clock tree area reduction up to 30 percent) In July 2011 the company was acquired by Cadence Design Systems for the ccopt technology.
Funding Insights of Azuro
Azuro has successfully raised a total of $12M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $1 million completed in December 2009. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $12M
- Total Rounds 3
- Last Round Series B — $1M
- First Round $9M
(Jan 2006)
- Investors Count 4
All 3 funding rounds of Azuro with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2009 | $1M | Series B | – | – | – |
| Jul 2009 | $2M | Series B | – | – | – |
| Jan 2006 | $9M | Series B | – | Miramar Digital Ventures |
5 investors in total: 5 institutional.
Investors in Azuro
Azuro has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Cadence, Balderton Capital and Miramar Digital Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multistage venture capital investments are focused on technology sectors. | 2000 | balderton.com | London, United Kingdom | |
Seed and early-stage US investments are targeted by the fund. | miramarvp.com | Newport Beach, United States | ||
TTP Group is engaged in technology and product development. | 1987 | ttpgroup.com | Cambridge, United Kingdom | |
| cambridgeangels.org | ||||
Cloud and AI-powered tools for integrated circuit design are provided. | 1988 | cadence.com | San Jose, United States |
Investor details for Azuro
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People of Azuro
677 people are tracked at Azuro (281 in leadership, 8 in board & advisors, 388 in team).
| Name | Role | Group |
|---|---|---|
Richard Gu | VP Of Investor Relations | Leadership |
Morteza Shafiei | Applications Engineering, Director | Leadership |
Ashok Appu | Director Of Technical Communications | Leadership |
David Vye | Product Management Director | Leadership |
Scott Cunningham | System Sales Group Director | Leadership |
Alan C. | Director & Sr Corporate Counsel | Leadership |
Manuel Luschas | Design Engineering Director | Leadership |
Kushal Koolwal | Director Of Business Development | Leadership |
Nizar Hanna | Senior Software Engineering Group Director | Leadership |
Owen Lee | Group Director | Leadership |
Andrew Beckett | Northern Europe Custom IC AE Group Director | Leadership |
Nimish A. | Product Engineering Director | Leadership |
Vikas Agrawal | Engineering Group Director At Cadence Design Systems | Leadership |
Santhiraju Dodda | Director Of Design Engineering | Leadership |
Mehmet Can Yildiz | Software Eng. Grp. Director | Leadership |
Binu Abraham | Group Director, Solutions Engineering, Focused Customer Accounts | Leadership |
Premal Buch | Corporate Vice President, Silicon Signoff & Verification | Leadership |
Hailin Jiang | Software Engineering Group Director | Leadership |
Gauraw Singh Chandel | Director Software Engineering | Leadership |
Hao Ji | Vice President Of Research & Development | Leadership |
657 more people are available in the full profile.
Complete people profiles for Azuro
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Timeline of Azuro
4 dated milestones of Azuro across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Azuro is founded.
- Funding First funding round of $9.0M.
- Funding Latest funding round, Series B, of $1.0M.
- Exit Acquired by Cadence.
Competitors of Azuro
Azuro has 3 listed competitors in our database. They include Synopsys, National Instruments Corporation and Mentor Graphics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| synopsys.com | 1986 | United States | 20,300 | Electronic design automation solutions are provided for semiconductor systems. | ||
| ni.com | 1976 | Austin, United States | 3,095 | Provider of a suite of cloud-based electronic design automation tools for integrated circuits | ||
| mentor.com | 1981 | Wilsonville, United States | Developer of software tools for electronic design automation |
Detailed competitors of Azuro
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Top companies in Manufacturing Tech Solutions
3 companies that operate in the same segment as Azuro (Manufacturing Tech Solutions) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based ERP software is offered for multiple industries. | 2002 | New York, New York, United States | USD 1.52 B | USD 3.17 B | 22,153 | |
Platform for on-demand distributed manufacturing and prototyping is provided. | 2013 | Gaithersburg, Maryland, United States | USD 200.44 M | USD 686.63 M | 1,090 | |
AI-based robotic arms are developed for industrial automation tasks. | 2010 | San Francisco, California, United States | USD 123.02 M |
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Frequently Asked Questions about Azuro
Azuro was founded in 2002 and raised its 1st funding round 4 years after it was founded.
Azuro is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.
Azuro is a funded company, having raised a total of $12M across 3 funding rounds to date. The company's 1st funding round was a Series B of $9M, raised on Jan 2006.
Azuro offered the Clock Concurrent optimization technology(CCOPT) which helps designers to increase performance, power and area. Azuro claimed that ccopt technology has delivered significant improvements in the areas(for embedded processors and SOCs) of Power (clock tree power reduction up to 30 percent and total power improvements of up to 10 percent),Performance (improvements of up to 100 MHz for a GHz design), and Area (clock tree area reduction up to 30 percent) In July 2011 the company was acquired by Cadence Design Systems for the ccopt technology.
Azuro's top competitors include Synopsys, National Instruments Corporation and Mentor Graphics.
Azuro has 5 investors. Key investors include Cadence, Balderton Capital, Miramar Digital Ventures, Cambridge Angels, and TTP Group.
Azuro operates through Azuro Inc.
Yes. Azuro was acquired by Cadence in July 2011.