ChipVision Design, for low-power electronic design automation, gets $4.5M
ChipVision Design Systems, a startup based in Oldenburg, Germany and San Jose, Calif., makes software that helps semiconductor designers create lower-powered chips for the consumer and communications applications.
The company was founded in 2002 based on research done at the University of Oldenburg, and simultaneously established its San Jose office to enter the American market.
This funding round of $4.5 million is ChipVision’s second; its previous backers, Target Partners and BayTech Venture Capital, both returned to lead the round.
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About the Author, Chris Morrison
Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.