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Verisity  (Stock symbol: VRST ) Acquired by Cadence Design Systems (2005 $ 315,000,000)

2041 Landings Drive
Mountain View, CA 94043
Website Company Summary Management Team

Technology: Michael McNamera (2004); Ziv Binyamini (2004); Yoav Hollander
General Counsel/Legal: David Larwood
Not listed on the website: (May no longer be at the company) Francine Ferguson*;  William Wiles*

Outside board: (May no longer be on the board) Alan King (Volterra Semiconductor Chairman);  Alan King (Volterra Semiconductor Chairman);  Tali Aben (Gemini Capital Fund);  Douglas Fairbain (ASIC & EDA expertise) R Douglas Norby (Xperi CFO) Uzi Sasson (Sagent Management) Zohar Zisapel (Rad Data Communications Founder)

Business description: Verisity (Nasdaq: VRST), is the leading supplier of essential technology and methodology for the functional verification market. Verisity’s best-in-class technology and methodologies address one of the most challenging business issues electronics companies face—verification. Verisity’s solutions automate the process of identifying flaws in electronics designs, enabling makers of the world’s most sophisticated technologies to reduce overall product development costs, increase productivity, and accelerate time-to-market. Verisity's customers include designers of systems, ICs and IP cores for use in products specifically developed for the communications, computing and consumer electronics markets.
Partners include: ARMCoWareDenali SoftwareIkos SystemsMentor GraphicsRambusSynopsysTransEDA;  Aldec;  bridges2silicon;  Cascade Semiconductor;  Comit Systems;  HDL;  InnoLogic;  ISS Group;  Model Technology

Rounds: 2
Capital raised: 11.5M
Ownership: Acquired by Cadence Design Systems (2005 $ 315,000,000)
Stock Symbol: VRST
Corporate investors: LSI

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Record updated: Jul 2004
Sector: Software
Year Founded: 1995
Headcount: 101-150 as of Jan 2002
Rounds: 2
Capital Raised: 11.5M
Ownership: Acquired by Cadence Design Systems (2005 $ 315,000,000)
Stock Symbol: VRST