# Azuro

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/azuro

- Industry: Semiconductors
- Headquarters: Santa Clara, US
- Website: www.azuro.com
- Total disclosed funding: $27M
- Latest round: Series B (Dec 18, 2009)
- Investors on record: 5

## About

Azuro, Inc. develops advanced computational solutions for system design, focusing on enhancing efficiency through innovative software platforms across various industries, including semiconductor and aerospace.Founded in 2002 and headquartered in Santa Clara, US, Azuro, Inc. specializes in computational software solutions. The company was acquired by Cadence Design Systems, Inc. in July 2011. Azuro has completed a total of seven deals, with its latest funding round being Series B, raising USD 1.00 mn from investors including Balderton Capital and Benchmark, bringing the total amount raised to USD 1.00 mn and valuing the company at USD 28.60 mn.Azuro, Inc. focuses on computational software solutions tailored for system design, enhancing efficiency and innovation in various sectors, including semiconductor and aerospace. The company's products include AI-driven platforms that optimize design processes, catering to a diverse clientele, including major manufacturers in North America, Europe, and Asia-Pacific.Azuro generates revenue through subscription-based services and licensing agreements. Clients access its software suite via annual or multi-year subscriptions, ensuring a steady stream of income through ongoing support and updates.Following its acquisition, Azuro, Inc. aims to expand its product offerings, focusing on new AI-driven design solutions set to launch in the upcoming years. The company is targeting geographic expansion into the European and Asian markets by 2025, utilizing recent funding from the Series B round to enhance product development and market penetration.

## Funding rounds

- Series B, Dec 18, 2009, $1M — Benchmark, Balderton Capital
- Series D, Dec 1, 2009 — Benchmark, Miramar, TTP Ventures
- Series B, Nov 15, 2007, $13M — Benchmark, Miramar, TTP Ventures
- Series B, Jan 5, 2006, $9M — Benchmark, Miramar, TTP Ventures
- Series A, May 28, 2003, $4M — Benchmark, TTP Ventures
- Seed, Jan 1, 2002, $0.3M — TTP Ventures, Cambridge Angels Group

## Investors

- TTP Ventures (https://capitalatlas.ai/funds/ttp-ventures) — Seed, Series A, Series B, Series D
- Cambridge Angels Group — Seed
- Benchmark (https://capitalatlas.ai/funds/benchmark) — Series A, Series B, Series D
- Miramar (https://capitalatlas.ai/funds/miramar) — Series B, Series D
- Balderton Capital (https://capitalatlas.ai/funds/balderton-capital) — Series B