# Composite Software

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/composite-software

- Industry: Business Support Services
- Headquarters: San Mateo, US
- Website: www.compositesw.com
- Total disclosed funding: $33M
- Latest round: Series D (Apr 5, 2010)
- Investors on record: 7

## About

Composite Software, Inc. specializes in advanced composite materials and innovative software solutions aimed at enhancing performance and efficiency across various industries, such as aerospace, automotive, and construction.Composite Software, Inc. was founded in 2002 and is headquartered in San Mateo, US. The company is focused on providing software solutions and advanced composite materials. In October 2017, TIBCO Software, a portfolio company of Vista Equity Partners, agreed to acquire Composite Software for USD 180.00 mn. The acquisition was completed in November 2017. Composite Software has successfully completed a total of 8 deals since its inception, with the latest deal occurring on October 5, 2017. The company has not had any known changes in its business strategy or operations since its founding.The core products of Composite Software, Inc. concentrate on advanced composite materials and software solutions tailored for various industries. These offerings are designed to improve performance and efficiency in sectors such as aerospace, automotive, and construction. The software solutions support the design and analysis of composite structures, enabling engineers to optimize materials for specific applications. The clientele includes manufacturers and engineers needing superior material properties for high-performance applications, such as weight reduction in aerospace components and durable materials in automotive parts, across North America, Europe, and Asia.Composite Software, Inc. generates revenue primarily through direct sales of its composite materials and software solutions to B2B clients, which include manufacturers and engineering firms. Additionally, revenue is derived from subscription-based models for its software products, allowing clients to access regular updates and support services. Clients often purchase integrated solutions that include both materials and software, fostering long-term partnerships. The pricing structure accommodates diverse client needs, focusing on premium offerings centered around flagship products that enhance functionality and performance.Composite Software, Inc. plans to leverage its recent acquisition by TIBCO Software to enhance its product offerings and expand its market presence. The company is focused on developing new products that integrate advanced analytics with its software solutions, targeting a release in early 2024. Additionally, Composite Software aims to expand into the Asian markets, particularly in Japan and South Korea, by the end of 2025, utilizing support from the acquisition to drive its growth initiatives.

## Funding rounds

- Series D, Apr 5, 2010, $13M — Apax Partners, Apex Venture Partners, Clearstone Venture Partners, Palomar Ventures, Lehman Brothers, Dot Edu Ventures, Trilantic Capital Management L.P.
- Series D, Nov 20, 2007, $8M — Clearstone Venture Partners
- Series B, Nov 10, 2003, $12M — Apax Partners, Clearstone Venture Partners, Palomar Ventures, Lehman Brothers, Dot Edu Ventures

## Investors

- Apax Partners (https://capitalatlas.ai/funds/apax-partners) — Series B, Series D
- Clearstone Venture Partners (https://capitalatlas.ai/funds/clearstone-venture-partners) — Series B, Series D
- Palomar Ventures (https://capitalatlas.ai/funds/palomar-ventures) — Series B, Series D
- Lehman Brothers (https://capitalatlas.ai/funds/lehman-brothers) — Series B, Series D
- Dot Edu Ventures (https://capitalatlas.ai/funds/dot-edu-ventures) — Series B, Series D
- Apex Venture Partners (https://capitalatlas.ai/funds/apex-venture-partners) — Series D
- Trilantic Capital Management L.P. — Series D