Circuit Semantics Closes Round of Funding; Takes Strategic Investment From Crescent Ventures and Leading Computer Manufacturer.Business Editors SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--Aug. 21, 2002 Circuit Semantics(TM) Inc (CSI CSI Crime Scene Investigator CSI CompuServe, Inc. CSI Commodity Systems, Inc. CSI Commodity Systems Inc. (Boca Raton, FL) CSI Crime Scene Investigation (CBS TV show) CSI Christian Schools International ), the leading provider of timing and characterization solutions for high-performance integrated circuit (IC) design, today announced that has closed its latest round of funding, bringing the total amount raised to $11.9 million since its founding in 1997. Funds will be used as working capital to expand Circuit Semantics' technology development and sales efforts. Financing was led by Crescent Ventures Investors, headed by Kevin Hall, previously of Norwest Venture Partners, and included an equity investment from a leading computer manufacturer and Circuit Semantics strategic customer. "We are especially pleased that investors in this economy see the value Circuit Semantics and its product lines bring to the IC design process," affirms Arvind Srinivasan, founder and chairman of Circuit Semantics. "This funding provides us with the working capital to grow the company and to move to the next level." Kevin Hall, who is a member of the Circuit Semantics board, has focused on emerging growth technology venture capital for 15 years. He has had numerous successful semiconductor and 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. investments, including QED QED abbr. Latin quod erat demonstrandum (which was to be demonstrated) QED which was to be shown or proved [Latin quod erat demonstrandum] Noun 1. , now PMC (1) See Portable Media Center. (2) (PCI Mezzanine Card) A PCI-based mezzanine card that is widely adapted to VMEbus, CompactPCI and PCI cards. Sierra, Synplicity, Actel and RF Microdevices. Hall notes: "Circuit Semantics' unique technology platform plays an important role in reducing design cycles and improving the performance of high-performance designs. Its products play a vital role to help create the highest performance and most power efficient full-custom and structured-custom designs at .13 micron technologies and below." About Circuit Semantics Circuit Semantics Inc. provides timing and characterization solutions for high-performance cells, cores, and blocks based on innovative, patent-pending technology. IC designers employ these mixed-level solutions to create high-performance chips using full-custom and structured-custom methodologies. Its products support precise, gate-level abstraction of transistor-level circuits to accelerate timing closure for designs fabricated in deep submicron (DSM 1. DSM - Data Structure Manager. An object-oriented language by J.E. Rumbaugh and M.E. Loomis of GE, similar to C++. It is used in implementation of CAD/CAE software. DSM is written in DSM and C and produces C as output. ) process technologies. These solutions are especially well suited for the microprocessor, digital signal processing See DSP. Digital Signal Processing - (DSP) Computer manipulation of analog signals (commonly sound or image) which have been converted to digital form (sampled). (DSP (1) (Digital Signal Processor) A special-purpose CPU used for digital signal processing applications (see definition #2 below). It provides ultra-fast instruction sequences, such as shift and add, and multiply and add, which are commonly used in math-intensive ), graphics and the high-speed communications markets. Circuit Semantics is headquartered at 2590 North First Street, Suite 301, San Jose, Calif. 95131. Telephone: 408/571-4800. FAX number: 408/468-1468. For more online information, visit Circuit Semantics' website at: http://www.circuitsemantics.com. |
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