CiraNova Announces New Directors and Closing of Series A Funding; Dan Rubin and Jim Hogan Appointed to Board.Business Editors/High-Tech Writers CAMPBELL, Calif.--(BUSINESS WIRE)--Jan. 22, 2003 CiraNova, Inc., an electronic design automation (EDA (1) (Electronic Design Automation) Using the computer to design, lay out, verify and simulate the performance of electronic circuits on a chip or printed circuit board. ) startup building analog layout automation tools, today announced two major milestones: the closing of its Series A funding, and the rounding out of its board of directors with two well-respected EDA executives. The new board members include Daniel I. Rubin, a partner at Alloy Ventures; and James Hogan, senior vice president at Artisan Components, and previously senior vice president of business development and senior member of the Chief Technology Office at Cadence Design Systems (company) Cadence Design Systems - A company that sells electronic design automation software and services. http://cadence.com/. See also Verilog. , Inc. (NYSE NYSE See: New York Stock Exchange :CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. ). The new directors join existing board members, Jeff Lewis, CiraNova president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , and Craig Harris Craig Harris may refer to:
CiraNova's $1.75 million Series A funding was led by Dan Rubin's team at Alloy Ventures, with participation from a leading semiconductor manufacturer. Robert Latta, general counsel to CiraNova and partner at Wilson Sonsini Goodrich & Rosati, also brought this leading technology law firm into the round. "CiraNova has an exciting business model as we are pioneering a new approach for analog integrated circuit integrated circuit (IC), electronic circuit built on a semiconductor substrate, usually one of single-crystal silicon. The circuit, often called a chip, is packaged in a hermetically sealed case or a nonhermetic plastic capsule, with leads extending from it for design," said Lewis. "The Series A round will help in our effort to bring our product to market. On top of that, two outstanding individuals, Dan Rubin and Jim Hogan have joined our board of directors. Their expertise and vision will help us build a great product and a great company." Hogan stated, "I am delighted to be a part of the company. In my experience, analog is the most difficult and risky component of System on Chip (SoC) design. What excites me about CiraNova is they have made intelligent trade-offs between automation and designer intervention, which enables designers to choose how much or how little they want to intervene in the process. This will be a significant aid in enhancing analog physical design productivity." "Alloy Ventures invested in CiraNova because of a combination of the product, team, and market opportunity," said Dan Rubin. "Analog productivity tools are the next big EDA opportunity, and I am very impressed with CiraNova's approach." About Dan Rubin Rubin joined Alloy Ventures in 1999. In 1991, he co-founded Artisan Components, where he was the VP of sales and marketing, and then the VP of business development through the company's initial public offering in 1998. Prior to founding Artisan Components he was director of product marketing and the managing director of Asian Operations for Ultratech Stepper step·per n. 1. One that steps, especially in a fast or spirited manner. 2. Informal A dancer. Noun 1. . Rubin is currently a director of Ensenda, Molecular Imprints, and Nexsil. About James Hogan James Hogan has been serving as senior vice president of business development of Artisan Components since Oct. 2002. Prior to Artisan, he was senior vice president of business development and senior member of the Chief Technology Office at Cadence Design Systems. During his Cadence tenure, which began in 1991, he also served in other management positions including: president of Cadence Japan, vice president of integrated circuit implementation marketing, vice president of marketing for the analog division, vice president of IC Marketing, vice president of research and development IC, vice president IC practice development, vice president of product marketing, and vice president of sales. Prior to Cadence, Hogan worked for National Semiconductor for 10 years, and before that he was at Philips Semiconductor. Hogan received a bachelor of art's degree in math, bachelor's of science and computer science degrees, and a master of business administration from California State University Enrollment  , San Jose San Jose, city, United StatesSan Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. . About CiraNova CiraNova is a venture-funded EDA startup developing analog layout automation tools. The company is targeting analog circuit designers who need to create high-performance circuit layouts in hours rather than days. The company will announce more details about its products later in 2003. More information about the company can be found at www.ciranova.com. |
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