About CiraNova
CiraNova is a Technology company based in Santa Clara (United States) founded in 2002, and was acquired by Synopsys in July 2012. It operates as an electronic design automation company. CiraNova has raised $26.8 million across 4 funding rounds from investors including Synopsys, Mentor Graphics and Alloy Ventures. Its focus areas include Semiconductors, Electronic Design Automation Tools, Verification Tools and Functional Verification. Its competitors include Bluespec, Diakopto, X-EPIC, Jasper DA and Azuro and 4 more; 8 of its 9 listed competitors have raised funding.
Company details
CiraNova was founded in 2002 in Santa Clara, United States, as an electronic design automation firm. Tools such as PyCell Studio and PCell Xtreme were offered to support PCell creation and migration to OpenAccess flows for deep submicron processes. Services included custom layout generator development, Python code consulting, and analog mixed-signal design. Operations focused on reducing costs for chip designers. The company was acquired by Synopsys in 2012.
- Headquarters Santa Clara, United States
- Stage Acquired
- SectorsTechnology
- Website ciranova.com
- Acquired by Synopsys (Jul 2012)
Funding Insights of CiraNova
CiraNova has successfully raised a total of $26.8M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $8.55 million completed in August 2011. 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 $26.8M
- Total Rounds 4
- Last Round Series D — $8.55M
- First Round $9M
(May 2003)
- Investors Count 6
All 4 funding rounds of CiraNova 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 |
|---|---|---|---|---|---|
| Aug 2011 | $8.55M | Series D | – | Intel Capital | |
| Mar 2008 | $5.25M | Series C | – | Mentor Graphics, Synopsys | |
| Oct 2006 | $4M | Series C | – | AsiaTech Management | |
| May 2003 | $9M | Series B | – | USVP |
6 investors in total: 6 institutional.
Investors in CiraNova
CiraNova has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Synopsys, Mentor Graphics and Alloy Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early stage venture capital firm investing in the US | – | alloyventures.com | Palo Alto, United States | |
Investment in technology startups focusing on compute, AI, and related innovations. | – | intelcapital.com | - | |
VC firm that focuses on early stage investments in the US | – | usvp.com | Menlo Park, United States | |
- | – | asiatechventure.com | - | |
Developer of software tools for electronic design automation | 1981 | mentor.com | Wilsonville, United States | |
Electronic design automation solutions are provided for semiconductor systems. | 1986 | synopsys.com | United States |
Investor details for CiraNova
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Timeline of CiraNova
4 dated milestones of CiraNova across 10 years, from founding to its latest funding, stage changes and deals.
- Founded CiraNova is founded.
- Funding First funding round of $9.0M.
- Funding Latest funding round, Series D, of $8.5M.
- Exit Acquired by Synopsys.
Competitors of CiraNova
CiraNova has 9 listed competitors in our database, 8 of them funded. They include Bluespec, Diakopto, X-EPIC, Jasper DA and Azuro, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bluespec.com | 2003 | Framingham, United States | $26.75M | – | Electronic design synthesis tools for ICs and FPGAs are provided. | |
| diakopto.com | 2017 | San Jose, United States | $2.52M | 7 | Developer of EDA software tools for design analysis and optimization of ICs | |
| x-epic.com | 2020 | China | $45.52M | – | IoT and AI services are provided by X-EPIC. | |
| jasper-da.com | 1999 | Mountain View, United States | $12.5M | – | EDA company developing verification system that provides bug detection and debugging solutions | |
| azuro.com | 2002 | Santa Clara, United States | $12M | – | CCOPT technology is offered for embedded processors and SOCs. | |
| cycuity.com | 2014 | San Jose, United States | $2M | 25 | Cyber security services are provided to clients by Cycuity. | |
| intrinsity.com | 1997 | Austin, United States | $92.5M | – | Tools and technology to improve speed in digital logic designs | |
| 0-in.com | 1996 | San Jose, United States | $14.3M | – | Assertion-based functional verification company | |
| valtrix.in | 2015 | Bengaluru, India | – | – | Developer of customized S4 Hana solutions optimizing TCO and technology control |
Detailed competitors of CiraNova
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Top companies in Electronic Design & Engineering Tools
10 companies that operate in the same segment as CiraNova (Electronic Design & Engineering Tools), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electronic design automation solutions are provided for semiconductor systems. | 1986 | United States | – | USD 7.05 B | 20,000 | |
Silicon platform-as-a-service is offered for SOC and SIP design solutions. | 2001 | Shanghai, China | USD 92.34 M | USD 449.93 M | 2,009 | |
Provider of a suite of cloud-based electronic design automation tools for integrated circuits | 1976 | Austin, Texas, United States | – | USD 37.56 M | 280 | |
Network-on-chip interconnect IP is provided for AI-enabled SoCs. | 2003 | Campbell, California, United States | USD 39.3 M | USD 70.58 M | 267 | |
Serializer-deserializer circuits are developed for high-speed data applications. | 2008 | San Jose, California, United States | USD 108 M | USD 1.34 B | 622 | |
Mathematical computing software is developed for algorithm solutions. | 1984 | Natick, Massachusetts, United States | – | – | 1,355 | |
Cloud and AI-powered tools for integrated circuit design are provided. | 1988 | San Jose, California, United States | – | USD 5.3 B | 12,700 | |
AI-based silicon IP and chip solutions are developed and licensed. | 1990 | Sunnyvale, California, United States | – | USD 707.63 M | 712 | |
Augmented reality software and tools are developed for automotive applications. | 2015 | Helsinki, Finland | USD 31.75 M | – | – | |
Cloud-based analytics software for chip health monitoring is provided. | 2017 | Haifa, Haifa District, Israel | USD 226 M | USD 2.08 M | 25 |
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Related news about Ciranova
Complete news archive for CiraNova
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Frequently Asked Questions about CiraNova
CiraNova was founded in 2002 and raised its 1st funding round 1 year after it was founded.
CiraNova is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.
CiraNova is a funded company, having raised a total of $26.8M across 4 funding rounds to date. The company's 1st funding round was a Series B of $9M, raised on May 2003.
CiraNova was founded in 2002 in Santa Clara, United States, as an electronic design automation firm. Tools such as PyCell Studio and PCell Xtreme were offered to support PCell creation and migration to OpenAccess flows for deep submicron processes. Services included custom layout generator development, Python code consulting, and analog mixed-signal design. Operations focused on reducing costs for chip designers. The company was acquired by Synopsys in 2012.
CiraNova has 6 investors. Key investors include Synopsys, Mentor Graphics, Alloy Ventures, Intel Capital, and USVP.
Yes. CiraNova was acquired by Synopsys in July 2012.