# Cascade Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cascade-technologies

- Industry: Software
- Headquarters: Palo Alto, US
- Website: www.cascadetechnologies.com
- Total disclosed funding: $9.5M
- Latest round: Series C (Apr 11, 2008)
- Investors on record: 6

## About

Cascade Technologies, Inc. specializes in advanced computational fluid dynamics (CFD) solutions that enhance design and optimization processes across various engineering sectors, including aerospace and automotive industries.Cascade Technologies, Inc. operates in the field of computational fluid dynamics, providing solutions to engineers for simulating fluid behavior and thermodynamics. Founded by Gianluca Iaccarino, the company has its headquarters in Palo Alto, US. On December 22, 2014, the company was acquired by Emerson Electric Co. for GBP 40 million, marking a significant shift in its operational framework. The company has engaged in a total of 7 deals since its inception.The Fidelity CFD Platform offers a comprehensive solution for computational fluid dynamics, targeting industries such as aerospace, automotive, turbomachinery, and marine sectors. This platform allows engineers to simulate fluid behavior through advanced numerical models, enhancing product efficiency. Key features include high-quality mesh generation, AI-driven multiphysics analysis, and GPU acceleration which improve simulation speed and accuracy. The platform caters to a varied clientele, including major corporations like Honda and Toyota, across markets in North America, Europe, and Asia.In 2008, Cascade Technologies reported a revenue of GBP 0 mn and an EBITDA of GBP 3,600,000. The Fidelity CFD Platform primarily operates on a subscription-based model, where clients enter B2B agreements for annual or multi-year licenses, ensuring a consistent revenue stream and fostering long-term customer relationships.While specific new product launches were not detailed, the company’s recent acquisition by Emerson Electric Co. in December 2014 for GBP 40 million likely allows for strategic investments in product development and market expansion. Future growth may focus on exploring new geographic markets, which would be facilitated by the latest funding. Cascade Technologies aims to leverage resources to enhance its product offerings and service delivery in the forthcoming years.

## Funding rounds

- Series C, Apr 11, 2008, $2M — Bank of Scotland, Truetide, PUK Ventures, Scottish Enterprise
- Series B, Jul 1, 2006, $5.5M — Bank of Scotland, Truetide, Partnerships UK, Scottish Enterprise
- Series A, Jun 1, 2004, $2M — Scottish Equity Partners

## Investors

- Scottish Equity Partners (https://capitalatlas.ai/funds/scottish-equity-partners) — Series A
- Bank of Scotland — Series B, Series C
- Truetide (https://capitalatlas.ai/funds/truetide) — Series B, Series C
- Partnerships UK — Series B
- Scottish Enterprise (https://capitalatlas.ai/funds/scottish-enterprise) — Series B, Series C
- PUK Ventures (https://capitalatlas.ai/funds/puk-ventures) — Series C