# Ciranova

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

- Industry: Electronics
- Headquarters: Santa Clara, US
- Website: www.ciranova.com
- Total disclosed funding: $28M
- Latest round: Series E (Sep 14, 2010)
- Investors on record: 6

## About

Ciranova, Inc. specializes in advanced technology solutions, providing services that enhance operational efficiency for businesses. Their innovative offerings cater to various sectors, primarily focusing on small to medium enterprises as well as larger corporations.Ciranova, Inc. was founded in 2002 in Santa Clara, US, and focuses on developing advanced technology solutions. The company has been involved in 7 deals, with its most recent deal occurring on July 31, 2012. In that same year, Ciranova was acquired by Synopsys for an undisclosed amount. The company's latest funding round, amounting to USD 1.25 mn, was supported by Alloy Ventures and Intel Capital, contributing to a total amount raised of USD 1.25 mn and a current valuation of USD 16.08 mn.Ciranova offers a range of innovative products and services designed to meet specific needs within its target markets. Their core offerings include advanced technology solutions that enhance operational efficiency for businesses across various sectors. These products cater to a diverse clientele, including small to medium enterprises and larger corporations, equipping them with tools that improve productivity and performance. The company primarily serves customers in North America and Europe, addressing the needs of operational managers, IT departments, and business decision-makers.Ciranova generates revenue through structured subscription models and direct sales to clients. Businesses purchase the core products either outright or via recurring subscription agreements, which provide continuous updates and support. Their flagship products are priced at a premium, reflecting their advanced features and value to users. The pricing plans are designed for flexibility, accommodating various business sizes and needs to facilitate scaling as required.Looking ahead, Ciranova plans to launch new products designed to enhance their technology solutions, with anticipated rollout dates in line with market demand. The company aims to expand into additional markets in Europe and Asia by 2023, leveraging recent funding of USD 1.25 mn to support these growth initiatives. This capital will be utilized to enhance product development and enter these new geographic regions while continuing to strengthen their existing market presence.

## Funding rounds

- Series E, Sep 14, 2010, $7.3M — Alloy Ventures, Intel Capital
- Series D, Mar 4, 2008, $5.3M — Alloy Ventures, US Venture Partners, Asia Tech Management, Synopsys, Inc., Mentor Graphics Corporation
- Series C, Oct 24, 2006, $4M — Alloy Ventures, US Venture Partners, Asia Tech Management
- Series B, May 23, 2003, $9.1M — Alloy Ventures, US Venture Partners
- Series A, Jan 22, 2003, $1.9M — Alloy Ventures

## Investors

- Alloy Ventures (https://capitalatlas.ai/funds/alloy-ventures) — Series A, Series B, Series C, Series D, Series E
- US Venture Partners (https://capitalatlas.ai/funds/us-venture-partners) — Series B, Series C, Series D
- Asia Tech Management (https://capitalatlas.ai/funds/asia-tech-management) — Series C, Series D
- Synopsys, Inc. — Series D
- Mentor Graphics Corporation — Series D
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series E