Circuit Semantics Completes $5.5 Million Second Round Financing From VenGlobal and Silicon Valley Investment Group.Business Editors & High-Tech Writers 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)--March 6, 2000 Circuit Semantics, Inc. today announced that it has closed a $5.5 million round of new funding from several investors, led by VenGlobal Capital Fund, L.P., of Cupertino, Calif. Additional investors included a partnership from Silicon Valley Investment Group of Santa Clara Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif., and a number of individuals including Paul Huang, Bob Anderson, Kevin Hall and Ping Chao; all highly regarded professionals in the semiconductor and 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. ) industries. "Circuit Semantics' software addresses the changes that are happening in the way complex semiconductors and ICs are designed and characterized. We are impressed by the company's success to date with an outstanding customer list that includes Sun Microsystems, Centaur centaur (sĕn`tôr), in Greek mythology, creature, half man and half horse. The centaurs were fathered by Ixion or by Centaurus, who was Ixion's son. , 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. , Sandcraft and Cyrix. We believe that Circuit Semantics has core technology that offers a unique solution for cell library characterization, blocks and intellectual property (IP) core characterization," said Phil Mak, managing partner of the VenGlobal Capital Fund, L.P. Following ten successful customer microprocessor design tape-outs over the last two years, Circuit Semantics will use the new funding to polish the current products, develop new products from the basic core technology, and to put together a formidable distribution channel. About VenGlobal Capital Fund VenGlobal Capital Fund, L.P. targets investments in early stage companies in Silicon Valley. Its investment focus is in software and communications. VenGlobal's fund is managed by its general partners, Gary Y. Cheng and Dr. Phil Mak. As former entrepreneurs, the managing members understand the challenges of launching and building a new enterprise. Their practical knowledge and first-hand experience enable VenGlobal Capital Fund to provide value-added investment to early stage companies. For more information, visit www.venglobal.com. About Circuit Semantics Circuit Semantics, Inc. provides timing and characterization solutions for cells, cores and blocks based on innovative technology for which patents are currently pending. IC designers employ these mixed-level solutions to create high-performance chips using full-custom and structured-custom methodologies. The company's 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). , graphics and ASSP (Application Specific Standard Part) An ASIC chip that is designed as a generic device for a particular market. Whereas an ASIC is typically used only by its creator, ASSPs are used by many different companies in the design of their products. See ASIC. markets. Circuit Semantics is headquartered at 100 Park Center Plaza, Suite 590, San Jose, CA 95113, telephone 408/885-9250; fax 408/885-1067. For more information, visit www.circuitsemantics.com. |
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