Cadence Design Systems
PublicLast Round
Series C
Jun 23, 2026
Est. Valuation
$1.23B
Total Funding Raised
$100M
Company Overview
Cadence Design Systems, Inc. is a multinational company specializing in computational software for electronic system design. Founded in 1988 and headquartered in San Jose, California, the company provides electronic design automation (EDA) software, hardware, and intellectual property (IP) that are essential for creating integrated circuits, systems on chips (SoCs), and electronic systems. Cadence's solutions serve a wide range of industries, including hyperscale computing, 5G communications, automotive, aerospace, consumer electronics, and healthcare. The company's Intelligent System Design strategy aims to deliver a comprehensive suite of tools that turn design concepts into reality, enabling customers to bring innovative products to market more quickly. Cadence is a publicly traded company listed on the NASDAQ stock exchange under the symbol CDNS.
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Cadence Design Systems Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
Cadence Design Systems Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series C | Jun 23, 2026 |
Cadence Design Systems Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| B Capital Group | Series C |
| Spectrum Health Ventures | Series C |
| Thrive Capital | Series C |
| General Catalyst | Series C |
| Spark Capital | Series C |
| Coatue Management | Series C |
Cadence Design Systems Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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