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peter.clarke
goafrit
It seems Russia is playing offense on investment in U.S. I wish politicians will ...
Updated: EDA firm gets funding after nine years
Peter Clarke
7/16/2012 8:54 AM EDT
LONDON – Breker Verification Systems Inc. (Mountain View, Calif.), an EDA company that provides verification software for system-chips, has announced it has raised $5 million in Series A funding from Astor Capital Group.
Astor Capital Group is based in Singapore.
Breker was founded in 2003 by Adnan Hamid, who serves the company as CEO, and Maheen Hamid, who serves as CFO. Prior to this funding round the founders bootstrapped the company from a small initial round of angel investment.
That funding enabled Breker to release TrekSoC, software that automates the generation of self-verifying test cases for multi-threaded system-on-chip (SoC) devices. TrekSoC is in use at SoC design companies, including STMicroelectronics and Nvidia.
The series A investment will be used to pay for some more R&D and to expand sales and support.
Related links and articles:
www.brekersystems.com
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nicolas.mokhoff
7/16/2012 10:15 AM EDT
This may just be for pure investment purposes, but the EDA companies need to look for that kind of invetsment. Cadence, Synopsys and others have their design activities in Russia for both indutry and acedemia already. Not a far-fetched idea to start cultivating more software engineers in Russia to work in the global EDA industry.
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goafrit
7/16/2012 2:19 PM EDT
It seems Russia is playing offense on investment in U.S. I wish politicians will see the harmony in the investment world and remove the tension that exists in the world
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peter.clarke
7/16/2012 5:07 PM EDT
My mistake.
Turns out there are two Astor Capital Groups, one in Moscow and one in Singapore.
I am told it is the Singapore one that has invested in Breker.
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