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Extreme DA Corporation announced that it has raised $7.38
million in its Series B funding round, which was led by
Foundation Capital. This recent investment round consists of a
combination of new cash investments and the conversion of a
bridge loan. Extreme DA is an emerging leader in next-generation
integrated circuit (IC) design solutions that improve
manufacturing yield and address the increased process variations
present in the latest generation of semiconductors produced
using advanced nanometer processes.
“Timing closure is often a challenge for chip designs in smaller
process geometries,” said Mike Schuh, General Partner of
Foundation Capital. “Extreme DA’s variation-aware timing
analysis tools provide the optimal performance and faster timing
closure that’s necessary for designs manufactured at
65-nanometers and below.”
In addition to lead investor, Foundation Capital, IT-Farm
Corporation and Lanza techVentures participated in this funding
round. Extreme DA CEO, Mustafa Celik, said of the investment,
“Our customers have told us that faster timing closure, more
accurate timing analysis, and parametric yield improvement are
essential to their continued success. With this capital, we plan
to support customer demand by increasing our research and
development efforts and expanding our worldwide sales channel
and marketing program.”
About his firm’s investment, IT-Farm Corporation President,
Morio Kurosaki, said, “The semiconductor industry in Japan is
driven by high-end consumer electronics. Chips for this market
sector have formidable requirements for quality, fast yield
ramp-up, and short design cycles. Process variations at advanced
technology nodes are a major barrier to meeting these goals.
Extreme DA has technology that addresses design problems by
accounting for process variation. We are glad to participate in
the funding of the company.”
According to Lucio Lanza, Managing Partner, Lanza techVentures,
“This round of funding is an endorsement of Extreme DA’s
technology leadership and its potential to be an essential part
of the platform for complex digital designs. The company plans
to continue to expand its breadth of products and accelerate the
growth of its business.”
Headquartered in Palo Alto, Calif., venture-funded Extreme DA
develops and licenses software products to improve the
performance and yield of 65- and 45-nanometer integrated
circuits. The company’s investors include Foundation Capital,
IT-Farm Corporation, and Lanza techVentures.
For more information, please visit
www.extreme-da.com |