English
VaST Completes Investment Round of $12 Million
Round Led by ZinShin Capital to Drive Further Expansion in Automotive, Wireless and Consumer Markets
SUNNYVALE, Calif.-- July 24, 2007 --VaST Systems, the leader in electronics virtualization, today announced the closing of $12M in round D funding. The round is led by ZenShin Capital with participation from previous investors Allen Buckeridge, Foundation Capital, and Mohr Davidow Ventures to drive growth in key automotive, consumer and wireless markets.
"Virtualization solutions are shortening time to market for software powered electronics systems. VaST’s commanding market lead, stellar customer list, and strong technology portfolio, combine to make VaST an excellent high growth company,” said Takeshi Mori, managing director, ZenShin Capital.
"Customers use the VaST’s virtualization solutions to cut six to twelve months off their development cycles. Virtualization also uniquely solves the growing problem of enabling earlier software development at ecosystem partners,” said Alain Labat, VaST president and CEO. "This new funding will drive further product and market expansion."
About VaST
VaST Systems Technology Corporation solutions enable the creation of a virtual system prototype—a highly accurate software model of a system that operates at near real-time speeds under actual software loads. VaST’s solutions are OSCI SystemC-compliant and are used for architecture, hardware, and software design. VaST solutions dramatically improve time to market and quality while reducing development costs and risk.
Current customers include worldwide leaders in semiconductors, automotive electronics, wireless devices, and consumer electronics. VaST is headquartered in Sunnyvale, California with sales and support offices worldwide. For more information, visit www.vastsystems.com.
SUNNYVALE, Calif.-- July 24, 2007 --VaST Systems, the leader in electronics virtualization, today announced the closing of $12M in round D funding. The round is led by ZenShin Capital with participation from previous investors Allen Buckeridge, Foundation Capital, and Mohr Davidow Ventures to drive growth in key automotive, consumer and wireless markets.
"Virtualization solutions are shortening time to market for software powered electronics systems. VaST’s commanding market lead, stellar customer list, and strong technology portfolio, combine to make VaST an excellent high growth company,” said Takeshi Mori, managing director, ZenShin Capital.
"Customers use the VaST’s virtualization solutions to cut six to twelve months off their development cycles. Virtualization also uniquely solves the growing problem of enabling earlier software development at ecosystem partners,” said Alain Labat, VaST president and CEO. "This new funding will drive further product and market expansion."
About VaST
VaST Systems Technology Corporation solutions enable the creation of a virtual system prototype—a highly accurate software model of a system that operates at near real-time speeds under actual software loads. VaST’s solutions are OSCI SystemC-compliant and are used for architecture, hardware, and software design. VaST solutions dramatically improve time to market and quality while reducing development costs and risk.
Current customers include worldwide leaders in semiconductors, automotive electronics, wireless devices, and consumer electronics. VaST is headquartered in Sunnyvale, California with sales and support offices worldwide. For more information, visit www.vastsystems.com.
|
||||||
Related News
- Microbridge Completes $5 Million Extension Round of Funding From an International Syndicate of Investors, Raises $12.5 Million to Date
- IoT Pioneer Wiliot Secures $200 Million Investment Round Led by SoftBank Vision Fund 2
- Sckipio Technologies Completes $10M Investment Round to Create G.fast Modem Chips
- Flash Reliability IP Provider, Proton Digital Systems Completes $2 Million Funding Round
- Valens Semiconductor Closes $14 Million Investment B Round
Breaking News
- Ubitium Debuts First Universal RISC-V Processor to Enable AI at No Additional Cost, as It Raises $3.7M
- TSMC drives A16, 3D process technology
- Frontgrade Gaisler Unveils GR716B, a New Standard in Space-Grade Microcontrollers
- Blueshift Memory launches BlueFive processor, accelerating computation by up to 50 times and saving up to 65% energy
- Eliyan Ports Industry's Highest Performing PHY to Samsung Foundry SF4X Process Node, Achieving up to 40 Gbps Bandwidth at Unprecedented Power Levels with UCIe-Compliant Chiplet Interconnect Technology
Most Popular
- Cadence Unveils Arm-Based System Chiplet
- CXL Fabless Startup Panmnesia Secures Over $60M in Series A Funding, Aiming to Lead the CXL Switch Silicon Chip and CXL IP
- Esperanto Technologies and NEC Cooperate on Initiative to Advance Next Generation RISC-V Chips and Software Solutions for HPC
- Eliyan Ports Industry's Highest Performing PHY to Samsung Foundry SF4X Process Node, Achieving up to 40 Gbps Bandwidth at Unprecedented Power Levels with UCIe-Compliant Chiplet Interconnect Technology
- Arteris Selected by GigaDevice for Development in Next-Generation Automotive SoC With Enhanced FuSa Standards
|
E-mail This Article | 
|
|
Printer-Friendly Page |