SANTA CLARA, Calif.--System-on-chip design automation supplier CoWare Inc. here today announced $14 million in investments from STMicroelectronics, ARM Ltd., and Sony Corp. Four-year-old CoWare says its tools and SoC methodologies enable chip companies to dramatically reduce the time it takes to finish system-on-chip designs.
The three investors indicate that they are counting heavily on CoWare technology in their SoC product development. "CoWare is a key ingredient in our platform-based design strategy, which helps us speed new products to market," said Alain Dutheil, corporate vice president of strategic planning at STMicroelectronics. "Using CoWare technology, we have been able to cut the design time required to create a new system platform from 24 months to 6 months and the time required for a derivative platform from 10 weeks to 2-to-3 weeks."
The STMicroelectronics vice president said CoWare has worked with the European chip company during the past two years to "significantly cut design time for SoC platforms in mobile phones, printers, digital video, ADSL, hard disk drives, digital cameras and set-top boxes."
The same kind of testimony comes from ARM, the embedded RISC processor developer based in Cambridge, England. "CoWare N2C can provide an efficient methodology for fast integration of our IP, accelerating the design process for ARM Powered systems andreinforcing our position as the industry's leading provider of 16/32-bit embedded RISC microprocessor solutions," said Robin Saxby, chairman and CEO of ARM.
Before this round of invest, CoWare said it had received nearly $14 million in venture capital from two previous rounds from Greylock, Needham & Company, GIMV and IT Partners.