Athena Design, an electronic design automation co., raises $4M
Santa Clara’s Athena Design Systems, an electronic design automation (EDA) start-up focused on implementation issues in physical integrated chip (IC) design, said it has secured an additional $4 million in investment capital.
The company’s second round of funding attracted two new investors, PhillipCapital and NTT FINANCE CORPORATION, and also included additional funding from the Company’s initial investors — the Woodside Fund, Asset Management Company and Draper Richards, the company said. Total funding stands at $8.2 million for the three year old company. The added capital will be used for the rollout of its first products.
From the company’s announcement:
Athena Design expects to change the way designs are implemented with the IC industry’s first “meta routing optimization system” that accelerates the path to timing-driven design closure with higher quality of results and lower development costs. The Company’s concurrent analysis and optimization approach provides a central point of control to rapidly explore design feasibility, optimize physical layout, and evaluate changes across multiple scenarios. The system utilizes a proprietary distributed multi-processing platform that is architected to execute EDA applications at extreme speeds.
(Originally posted 1/30)
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