Ciranova, Inc., an EDA start-up developing OpenAccess-based
interoperable layout technology for analog and custom integrated circuit
design, today announced that it has closed a round of financing totaling
$5.25 million. Industry leaders Synopsys, Inc. and Mentor Graphics
Corporation both participated in the round, along with previous
investors Alloy Ventures (lead investor), US Venture Partners, Asiatech
Management and Cadence founder Jim Solomon. As part of the funding
agreement, both Mentor and Synopsys will obtain Board Observer
positions, although the makeup of the Ciranova Board of Directors will
not change.
“Ciranova’s
interoperable PyCells do more than just open the playing field,”
said Paul Lo, Senior Vice President and General Manager, Analog and
Mixed Signal Group at Synopsys. “The Ciranova
technology is fundamentally better suited to supporting advanced layout
automation. New analog/mixed-signal design systems that take full
advantage of PyCells will enable higher levels of productivity than
flows tied to legacy PCell implementations.”
“There is enormous pent-up user demand for
better PCell technology, especially at advanced geometries,”
said Jue-Hsien Chern, Vice President and General Manager, Deep Submicron
Division at Mentor Graphics. “Ciranova’s
architecture enables interoperability and additional functionality.
Building on OpenAccess makes the technology accessible from within a
broad array of EDA tools, from physical layout to physical verification.”
“This round of funding was strategic for
Ciranova,” said Eric Filseth, Ciranova CEO. “We
have been working very closely with Synopsys and Mentor Graphics to
ensure interoperability of their tools with Ciranova Interoperable PCell
Libraries. We share their commitment to open and inclusive physical
design, and we’re excited to have them as
investors.”
The capital will be used to further develop, deploy and support Ciranova’s
innovative suite of interoperable analog and custom physical design
technology.
About Synopsys
Synopsys, Inc. (Nasdaq:SNPS) is a world leader in software and IP for
semiconductor design and manufacturing. The company delivers
technology-leading system and semiconductor design and verification
platforms, IC manufacturing and yield optimization solutions,
semiconductor intellectual property and design services to the global
electronics market. These solutions enable the development and
production of complex integrated circuits and electronic systems.
Through its comprehensive solutions, Synopsys addresses the key
challenges designers and manufacturers face today, including power
management, accelerated time to yield and system-to-silicon
verification. Synopsys is headquartered in Mountain View, California,
and has more than 60 offices located throughout North America, Europe,
Japan and Asia. Visit Synopsys online at www.synopsys.com.
About Mentor Graphics
Mentor Graphics Corporation (Nasdaq:MENT) is a world leader in
electronic hardware and software design solutions, providing products,
consulting services and award-winning support for the world’s
most successful electronics and semiconductor companies. Established in
1981, the company reported revenues over the last 12 months of over $875
million and employs approximately 4,350 people worldwide. Corporate
headquarters are located at 8005 S.W. Boeckman Road, Wilsonville, Oregon
97070-7777. World Wide Web site: www.mentor.com.
About Ciranova
Ciranova™ is an Electronic Design Automation
(EDA) startup company, focused on building an open, interoperable,
language-based cell generator technology for custom analog and
mixed-signal (AMS) integrated circuit design. Ciranova's technology,
which is the only layout generator development environment built from
the ground up on the industry standard OpenAccess database from SI2,
will bring the integration, productivity and migration benefits of
modern language-based design to custom and AMS designers. The company’s
first product, PyCell Studio™, is available
as a free download from its web site, www.ciranova.com.
The company is headquartered in Santa Clara, California.
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