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Cadence, Berkeley Design Automation Settle Lawsuit

Cadence and Berkeley Design Automation (BDA) have reached a settlement agreement in a case filed by Cadence against BDA last year. As part of the settlement, BDA and Cadence signed a multi-year agreement to support interoperability between BDA’s Analog FastSPICE Simulator and Cadence’s Virtuoso Analog Design Environment. BDA has also agreed to pay Cadence an undisclosed amount.

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Corelight raises $150M

San Francisco-based network detection and response (NDR) company Corelight has raised $150 million in a Series E funding round.

Island raises $175M

Dallas, Texas-based enterprise browser company Island raised $175 million in Series D funding, raising the company's valuation to $3 billion.