Envis eyes another funding round for low-power chips
Design software firm Envis announced that it will seek another round of funding in the next year to roll out its first two applications, Chill and Kelvin. The programs will help computer chip makers create and test models that require less power to run.
The Santa Clara, Calif. company also brought new chief executive A.J. Sen on board. He hails from the same post at mSilica, a company that provides power-management chips for lighting systems.
Envis last raised money in 2006, pulling in $6 million in a first round of funding led by Sigma Partners.
Next Story: Video: Netflix on the Xbox 360 looks slick
Previous Story: Hungry Oracle gobbles up software maker Haley
About the Author, Camille Ricketts
Camille is the lead writer for GreenBeat. She came to VentureBeat from Google where she worked on its traditional platforms team, particularly in TV. Before that, she was a reporter for the Wall Street Journal in New York and London. Follow her on Twitter at @camillericketts, and follow VentureBeat on Twitter at @venturebeat.
With GreenBeat 2009, VentureBeat's all-star conference on all things Smart Grid, coming up in November, Camille will be expanding coverage of this exciting space. Stay up to date by following @greenbeat2009 on Twitter or by becoming a fan of the event on Facebook here.