USVP

U.S. Venture Partners (USVP) is a prominent venture capital partnership dedicated to assisting entrepreneurs in turning their innovative ideas into impactful companies. With over thirty years of experience, the firm specializes in early-stage investments primarily within the information technology and healthcare sectors. USVP's investment focus includes enterprise software, IT security, consumer internet, mobile applications, e-commerce, and IT-enabled healthcare services. The team at USVP comprises former entrepreneurs, technologists, corporate leaders, financial experts, and industry specialists, all committed to fostering innovation that generates economic growth and job creation.

Jacques Benkoski

General Partner

Dale Holladay

CFO

Rick Lewis

General Partner

Jon Root

General Partner

Dafina Toncheva

General Partner

Past deals in CAD

Carlsmed

Series B in 2022
Carlsmed, founded in 2018 and headquartered in San Diego, California, specializes in developing advanced solutions for the treatment of complex spinal deformities. The company utilizes artificial intelligence, predictive analytics, and advanced imaging technologies through its proprietary Aprevo platform. This platform enables surgeons to create personalized surgical plans and devices tailored to each patient's specific medical needs. By harnessing clinical intelligence and prior outcomes data, Carlsmed aims to improve surgical results while reducing healthcare costs associated with complex spine surgeries. The company's innovative approach is designed to enhance the ability of spine surgeons to achieve better outcomes, ultimately helping patients regain their active lifestyles.

Carlsmed

Series A in 2020
Carlsmed, founded in 2018 and headquartered in San Diego, California, specializes in developing advanced solutions for the treatment of complex spinal deformities. The company utilizes artificial intelligence, predictive analytics, and advanced imaging technologies through its proprietary Aprevo platform. This platform enables surgeons to create personalized surgical plans and devices tailored to each patient's specific medical needs. By harnessing clinical intelligence and prior outcomes data, Carlsmed aims to improve surgical results while reducing healthcare costs associated with complex spine surgeries. The company's innovative approach is designed to enhance the ability of spine surgeons to achieve better outcomes, ultimately helping patients regain their active lifestyles.

Ciranova

Series D in 2008
Ciranova, Inc. operates as an electronic design automation company. It focuses on building interoperable tools for custom chip designers to create new and/or migrate legacy analog IP. It offers products, such as PyCell Studio, which helps designers reduce the time and cost of PCell and layout generator creation for deep submicron processes; and PCell Xtreme, which enables the migration of PCells created in proprietary languages into multi-vendor OpenAccess flows. It provides custom layout generator development, Python code development consulting, custom layout consulting, and analog and mixed signal design services. The company was founded in 2002 and is headquartered in Santa Clara, California.

Ciranova

Series C in 2006
Ciranova, Inc. operates as an electronic design automation company. It focuses on building interoperable tools for custom chip designers to create new and/or migrate legacy analog IP. It offers products, such as PyCell Studio, which helps designers reduce the time and cost of PCell and layout generator creation for deep submicron processes; and PCell Xtreme, which enables the migration of PCells created in proprietary languages into multi-vendor OpenAccess flows. It provides custom layout generator development, Python code development consulting, custom layout consulting, and analog and mixed signal design services. The company was founded in 2002 and is headquartered in Santa Clara, California.

Clear Shape Technologies

Series B in 2005
Clear Shape Technologies, Inc. develops design-for-manufacturing (DFM) software and technologies. The company focuses on delivering a Variability Platform that allows designers to control and optimize the parametric and catastrophic impact of systematic manufacturing variations. It offers InShape, a lithography process checker; and OutPerform, a silicon validated eDFM product. The company was founded in 2003 and is headquartered in Santa Clara, California. As of August 15, 2007, Clear Shape Technologies, Inc. operates as a subsidiary of Cadence Design Systems, Inc.

Clear Shape Technologies

Series A in 2004
Clear Shape Technologies, Inc. develops design-for-manufacturing (DFM) software and technologies. The company focuses on delivering a Variability Platform that allows designers to control and optimize the parametric and catastrophic impact of systematic manufacturing variations. It offers InShape, a lithography process checker; and OutPerform, a silicon validated eDFM product. The company was founded in 2003 and is headquartered in Santa Clara, California. As of August 15, 2007, Clear Shape Technologies, Inc. operates as a subsidiary of Cadence Design Systems, Inc.

Ciranova

Series B in 2003
Ciranova, Inc. operates as an electronic design automation company. It focuses on building interoperable tools for custom chip designers to create new and/or migrate legacy analog IP. It offers products, such as PyCell Studio, which helps designers reduce the time and cost of PCell and layout generator creation for deep submicron processes; and PCell Xtreme, which enables the migration of PCells created in proprietary languages into multi-vendor OpenAccess flows. It provides custom layout generator development, Python code development consulting, custom layout consulting, and analog and mixed signal design services. The company was founded in 2002 and is headquartered in Santa Clara, California.

Monterey Design Systems

Venture Round in 2002
Monterey Design Systems provides electronic design automation (EDA) software that enables integrated circuit designers to take their circuits from completed logic design to manufacturing ready output.

Ceyba

Series B in 2001
Ceyba has a firmly rooted corporate philosophy that guides the growth of their company - a commitment to their customers and employees and to the communities where they work. This allows us to maintain perspective, balance and their competitive edge. Ceyba was founded in May 2000 by five senior engineers and was originally named Solinet Systems. They have a complete team in place that represents a diverse cross section of talent with experience from top-notch software, hardware and optical companies. Their team has delivered numerous market-leading products for the high-speed optical Internet. With solid funding from top-tier venture capital firms, Ceyba has blossomed to more than 200 people. Led by seasoned management, their team is developing and manufacturing next-generation core optical networking systems that deliver superior reach, speed and flexibility with pure simplicity. Ceyba is based in Ottawa, Canada.

CardioThoracic Systems

Venture Round in 1995
CardioThoracic Systems designs, develops, and manufactures surgical products and systems for minimally invasive cardiac surgery. The Company's current products are designed to enable the majority of cardiothoracic surgeons, using their existing skills coupled with company-sponsored training, to perform MICS on a beating heart. The OPCAB (Off Pump Coronary Artery Bypass) and MIDCAB (Minimally Invasive Direct Coronary Artery Bypass) procedures eliminate the need for a heart-lung machine, and recent studies indicate that the MICS procedures reduce the trauma, procedural costs and post-surgical complications associated with conventional coronary artery bypass graft (CABG) surgery while providing long-term procedural success rates comparable to CABG surgery. CardioThoracic Systems was founded in 1994 and is based in Cupertino, California. As of November 15, 1999, CardioThoracic Systems, Inc. was acquired by Guidant Corp.
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