When was Azuro founded?

Azuro was founded in 2002 and raised its 1st funding round 4 years after it was founded.

Where is Azuro located?

Azuro is headquartered in Santa Clara, United States.

How many employees does Azuro have?

As of Mar 31, 2026, the latest employee count at Azuro is 18.

Is Azuro a funded company?

Azuro is a funded company, having raised a total of $12M across 3 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on Jan 05, 2006.

When was the latest funding round of Azuro?

Azuro's latest funding was a $***** Series B round on Dec 18, 2009, with participation from 0 investor. Its primary sector is Manufacturing Tech. In United States, the Manufacturing Tech sector has seen $760M in funding in 2026 to date.

Where does Azuro rank among its competitors?

Azuro ranks 52nd amongst 285 active competitors, of which 53 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Normal Computing, which secured $50M in Mar, 2026.

Who are the top competitors of Azuro?

Azuro's top competitors include Cadence, Synopsys and National Instruments. Among them, Normal Computing secured the most recent funding round in March, 2026.

Azuro - 2026 Company Profile, Team, Funding & Competitors

Azuro is an acqui-hired company based in Santa Clara (United States), founded in 2002 by Steev Wilcox and Paul Cunningham. It operates as a CCOPT technology for Embeded Processors and SOCs. Azuro has raised $12M in funding from Miramar Digital Ventures. The company has 285 active competitors, including 53 funded and 61 that have exited. Its top competitors include companies like Cadence, Synopsys and National Instruments.

Company Details

Azuro offered the Clock Concurrent optimization technology(CCOPT) which helps designers to increase performance, power and area. Azuro claimed that ccopt technology has delivered significant improvements in the areas(for embedded processors and SOCs) of Power (clock tree power reduction up to 30 percent and total power improvements of up to 10 percent),Performance (improvements of up to 100 MHz for a GHz design), and Area (clock tree area reduction up to 30 percent) In July 2011 the company was acquired by Cadence Design Systems for the ccopt technology.

Key Metrics

Founded Year

2002

Location

Santa Clara, United States

Stage

Acqui-Hired

Total Funding

$12M in 3 rounds

Latest Funding Round

Series B, Dec 18, 2009, $*****

Investors

Miramar Digital Ventures & 4 more

Ranked

52^nd among 285 active competitors

Employee Count

18 as on Mar 31, 2026

Similar Companies

Cadence & 278 more

View Azuro's full profile

Azuro is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Azuro Inc CIN: 86-1058632 , United States, Active	Dec 31, 2001	-	-	-

Azuro has raised a total funding of $12M over 3 rounds. Its first funding round was on Jan 05, 2006. Azuro has 5 institutional investors.

Here is the list of recent funding rounds of Azuro:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 18, 2009	9829062	Series B	3420604	4832572	5845596	4832608
Jul 23, 2009	5550343	Series B	6118368	9924345	2453217	7804252
Jan 05, 2006	1354157	Series B	7545776	6764073	Miramar Digital Ventures	Balderton Capital & 2 more

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View details of Azuro's funding rounds and investors

The founders of Azuro are Steev Wilcox and Paul Cunningham.

Here are the details of Azuro's key team members:

Steev Wilcox: Founder & Chief Architect of Azuro.
Paul Cunningham: Co-Founder & CEO of Azuro.

View details of Azuro's Founder profiles and Board Members

Azuro's employee count trend

Azuro has 18 employees as of Mar 26. Here is Azuro's employee count trend over the years:

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Top competitors of Azuro include Cadence, Synopsys and National Instruments. Here is the list of Top 10 competitors of Azuro, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Cadence 1988, San Jose (United States), Public	Provider of electronic design automation software for semiconductor industry	-	Herald Investment Management, Concord Venture Capital Group ... & 9 others	72/100
2nd	Synopsys 1986, Sunnyvale (United States), Public	Provider of engineering solutions from silicon to systems, including EDA tools, semiconductor IP, and systems verification	-	Nvidia, Oak Investment Partners & 2 others	70/100
3rd	National Instruments 1976, Austin (United States), Acquired	Provider of hardware, software, and services for test and measurement	-	BAFA, Berytech & 1 others	66/100
4th	proteanTecs 2017, Haifa (Israel), Series D	Provider of cloud-based lifecycle analytics software for chips	$250M	Koch Disruptive Technologies, Viola Group ... & 25 others	66/100
5th	Flux AI 2019, San Francisco (United States), Series B	Developer of an AI-powered platform for PCB design and layout	$49M	Outsiders Fund, Bain Capital Ventures & 11 others	65/100
6th	Normal Computing 2022, New York City (United States), Series A	Developer of AI software for hardware engineering and EDA solutions	$85M	Samsung Catalyst Fund, Celesta Capital & 8 others	62/100
7th	Data Patterns 1985, Chennai (India), Public	Provider of mission‑critical embedded electronic systems and sensor‑centric solutions	-	SIDBI Venture Capital, Yali Capital & 1 others	62/100
8th	Mentor Graphics 1981, Wilsonville (United States), Acquired	Developer of software tools for electronic design automation	-	Elliott Management, Sutter Hill Ventures & 6 others	60/100
9th	Quilter 2019, Los Angeles (United States), Series B	Developer of AI-driven electronics design software for hardware development programs	$35M	Index Ventures, Benchmark & 3 others	59/100
10th	Altium 1985, San Diego (United States), Acquired	Developer of PCB design and cloud collaboration software for electronics engineering	-	CHAMP Ventures	58/100
52nd	Azuro 2002, Santa Clara (United States), Acqui-Hired	CCOPT technology for Embeded Processors and SOCs	$12M	Western Technology Investment, Balderton Capital ... & 3 others	39/100