Cidara Therapeutics - About the company
Cidara Therapeutics is an acquired company based in San Diego (United States), founded in 2013. It operates as a Developer of novel anti-infectives for infectious diseases (bacterial and fungal). Cidara Therapeutics has raised $78.4M in funding from investors like 5AM Ventures, Fidelity Investments and InterWest Partners. The company has 2747 active competitors, including 921 funded and 668 that have exited. Its top competitors include companies like Jazz Pharmaceuticals, BeiGene and Sana Biotechnology.
Company Details
Developer of novel anti-infectives for infectious diseases (bacterial and fungal). Its first product candidate is CD101 IV, an intravenous therapy in phase 1 trials for fungal infections. Besides, it has CD101 topical in the IND-enabling stage for the treatment of acute and recurrent vulvovaginal candidiasis (VVS). It has also developed a proprietary immunotherapy technology platform, Cloudbreak to develop drugs that direct immune cells to eliminate pathogens that cause infectious diseases. Its first Cloudbreak development candidate C001 is for the treatment of invasive aspergillosis.
- Website
- cidara.com
- Email ID
- *****@cidara.com
- Registered Address
- San Diego, California
Key Metrics
Founded Year
2013
Location
San Diego, United States
Stage
Acquired
Total Funding
$78.4M in 8 rounds
Latest Funding Round
Investors
Ranked
199th among 2747 active competitors
Annual Revenue
$1.27M as on Dec 31, 2024
Employee Count
53 as on Apr 30, 2026
Exit Details
Acquired by Merck (Nov 14, 2025)
Legal entities associated with Cidara Therapeutics
Cidara Therapeutics is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Cidara Therapeutics, Inc. CIN: 461537286 , United States, Active | May 31, 2013 | $1.27M (As on Dec 31, 2024) | 40 (As on Dec 31, 2024) | - |
Cidara Therapeutics's acquisition details
Cidara Therapeutics got acquired by Merck on Nov 14, 2025.
Click here to take a look at Cidara Therapeutics's acquisition in detail
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Cidara Therapeutics's funding and investors
Cidara Therapeutics has raised a total funding of $78.4M over 8 rounds. Its first funding round was on Jun 16, 2014. Its latest funding round was a Post IPO round on Nov 21, 2024 for $*****. 8 investors participated in its latest round. Cidara Therapeutics has 25 institutional investors.
Here is the list of recent funding rounds of Cidara Therapeutics:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 21, 2024 | 7760064 | Post IPO | 8382362 | 3849860 | 8172103 | 3997189 |
Apr 24, 2024 | 9178791 | Post IPO | 4176889 | 7065616 | 3638318 | 5877841 |
Sep 12, 2019 | 3514335 | Post IPO | 5385312 | 5650757 | 8338272 | 1441956 |
View details of Cidara Therapeutics's funding rounds and investors
Cidara Therapeutics' founders and board of directors
Founder? Claim ProfileCidara Therapeutics' employee count trend
Cidara Therapeutics has 53 employees as of Apr 26. Here is Cidara Therapeutics's employee count trend over the years:
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Cidara Therapeutics's Competitors and alternates
Top competitors of Cidara Therapeutics include Jazz Pharmaceuticals, BeiGene and Sana Biotechnology. Here is the list of Top 10 competitors of Cidara Therapeutics, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Jazz Pharmaceuticals 2003, Dublin (Ireland), Public | Developer of novel biopharmaceutical medicines for unmet medical needs | $265M | 82/100 | |
2nd | BeiGene 2010, Cambridge (United States), Public | Developer of targeted and immune-oncology drugs against cancer | $172M | 81/100 | |
3rd | Sana Biotechnology 2018, Seattle (United States), Public | Developer of engineered cell therapies for treating human disease conditions | $821M | 75/100 | |
4th | Blueprint Medicines 2008, Cambridge (United States), Acquired | Developer of selective kinase inhibitors for patients with genomically defined cancers | $115M | 72/100 | |
5th | Ideaya Biosciences 2015, San Francisco (United States), Public | Developer of oncology-focused precision medicine using molecular diagnostics | $157M | 72/100 | |
6th | Kronos Bio 2017, San Mateo (United States), Acquired | Developer of small molecule based therapeutics for cancer treatment | $271M | 72/100 | |
7th | Sutro Biopharma 2003, United States, Public | Developer of antibody-based therapeutics for cancer therapy | $175M | 72/100 | |
8th | Syndax 2005, Waltham (United States), Public | Developer of targeted therapies for the treatment of cancer | $198M | 72/100 | |
9th | Moderna 2010, Cambridge (United States), Public | Developer of mRNA-based therapeutics for a wide range of diseases | $2.78B | 71/100 | |
10th | Karyopharm 2008, Natick (United States), Public | Developer of small molecule drugs for the treatment of cancer and inflammatory disease | $98.4M | 71/100 | |
199th | Cidara Therapeutics 2013, San Diego (United States), Acquired | Developer of novel anti-infectives for infectious diseases (bacterial and fungal) | $78.4M | 58/100 |
Looking for more details on Cidara Therapeutics's competitors? Click here to see the top ones
Cidara Therapeutics's Investments and acquisitions
Cidara Therapeutics has made no investments or acquisitions yet.
News related to Cidara Therapeutics
Media has covered Cidara Therapeutics for a total of 26 events in the last 1 year, 11 of them have been about company updates and 1 about partnerships.
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Merck to Complete Acquisition of Cidara TherapeuticsBusiness Wire•Jan 07, 2026•Cidara Therapeutics, Merck
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Shareholder Alert: M&A Class Action Firm Investigates Mergers of TCBX, RNA, ATXS, and FSUNPR Newswire•Dec 02, 2025•Monteverde, Keystone Bancshares, Integrated Electrical Services, Anywhere Real Estate and 12 others
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Merck (MSD) will issue bonds for up to 6,883 million to finance the purchase of Cidara Therapeuticscronicadecantabria.com•Dec 01, 2025•Merck Sharp & Dohme, Cidara Therapeutics, Merck
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Cidara's Phase III trial of CD388 reaches target enrolmentclinicaltrialsarena.com•Nov 25, 2025•Cidara Therapeutics, SBA
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Merck to Acquire Cidara Therapeutics, Inc., Diversifying Its Portfolio to Include Late-Phase Antiviral AgentThe Joplin Globe•Nov 14, 2025•Cidara Therapeutics, Merck, Westpac, Merck Sharp & Dohme and 3 others
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Cidara Therapeutics Secures BARDA Award for CD388 DevelopmentGlobeNewswire•Oct 03, 2025•Cidara Therapeutics, HHS
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