Solido Design

Saskatoon, Canada Founded: 2005 • Age: 21 yrs Acquired By Siemens
Variation-aware design software powered by machine learning is provided.
Annual revenue - Latest available
Total funding $6.5M 1 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Solido Design

Solido Design is a company based in Saskatoon (Canada) founded in 2005 was acquired by Siemens in November 2017. Solido Design has raised $6.5 million across 1 funding round from investors including Siemens, BDC and unknown. Solido Design operates in a competitive market with competitors including Synopsys, Cadence, Mentor Graphics, National Instruments Corporation and proteanTecs, among others.

  • Headquarter Saskatoon, Canada
  • Sectors
    Industrial Goods & Manufacturing
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems Unlock Sub-Sector Unlock Segment
Technology → Semiconductors, Electronics & Hardware Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $6.5 M (USD)

    in 1 rounds

  • Latest Funding Round
    $6.5 M (USD), Series B

    Aug 27, 2007

  • Investors
    Siemens

    & 3 more

  • Employee Count
    Not available
  • Acquired by
    Siemens

    (Nov 20, 2017)

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Funding Insights of Solido Design

Solido Design has successfully raised a total of $6.5M through 1 strategic funding round. The most recent funding activity was a Series B round of $6.5 million completed in August 2007. 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.

Investors in Solido Design

Solido Design has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include Siemens, BDC and unknown.

All
Institutional
Investor Description Founded Year Domain Location
Commercial banking services for small and medium-sized enterprises are provided.
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Offers investment management and advisory services to clients.
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Investor details for Solido Design

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Investments & Acquisitions by Solido Design

Investments
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Investment portfolio details for Solido Design

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Financial Statements - Solido Design

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Detailed financials for Solido Design

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Solido Design Comparisons

Solido Design Primary company
Description
Variation-aware design software powered by machine learning ...
Location
Saskatoon, Canada
Founded Year
2005
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Solido Design

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Competitors of Solido Design

Solido Design operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Synopsys, Cadence, Mentor Graphics, National Instruments Corporation and proteanTecs, among others.

Company Name Domain Founded year HQ Location Description
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Electronic design automation solutions are provided for semiconductor systems.
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Cloud and AI-powered tools for integrated circuit design are provided.
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Developer of software tools for electronic design automation
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Provider of a suite of cloud-based electronic design automation tools for integrated circuits
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Cloud-based analytics software for chip health monitoring is provided.
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Provides comprehensive yield management software solutions for businesses.
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Detailed competitors of Solido Design

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Latest news on Solido Design

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Complete news archive for Solido Design

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Frequently Asked Questions about Solido Design

Solido Design was founded in 2005 and raised its 1st funding round 2 years after it was founded.

Solido Design is headquartered in Saskatoon, Canada. It is registered at Saskatoon, Saskatchewan, Canada.

Solido Design is a funded company, having raised a total of $6.5M across 1 funding round to date.

Solido Design was founded in 2005 in Saskatoon, Canada, within the semiconductor electronic design automation sector. Advanced variation-aware design and characterization software is offered, utilizing proprietary machine learning technologies. ML Labs has been introduced as the first commercial availability of such algorithms for semiconductor customers. Partnerships with semiconductor firms are intended for developing new ML-based EDA products. As of June 2017, the solutions are used by over 40 companies worldwide.

Solido Design's top competitors include Synopsys, National Instruments Corporation and Cadence.

Solido Design has 4 investors. Key investors include Siemens, BDC, unknown, and Victoria Capital Management.

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