Product category:
Memory Devices and Modules
News Release from: Atmos Corp
Edited by the Electronicstalk Editorial
Team on 12 July 2001
Atmos closes $10 million investment
round
Atmos Corp has completed a $10 million round of financing.
Atmos Corp has completed a $10 million round of financing This round was led by investor Virage Logic Corp with $US 5 million
This article was originally published on Electronicstalk on 27 Mar 2001 at 8.00am (UK)
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Atmos has announced immediate availability of its system-on-a-chip (SoC) pure logic IP core, SoC-RAM PL.
MOSAID Technologies, Ventures West, BDC Venture Capital and Eastern Technology Seed Investment Fund (ETSIF), all earlier investors in Atmos, also participated in this round.
The investment enables Atmos to accelerate its product and market development to provide SoC and IC designers access to the Atmos family of embedded DRAM products and associated EDA tools.
This includes Atmos SoC-RAM memory cores and web-based compiler software.
"To meet their system performance requirements, SoC designers are embedding more and larger memory instances into their designs", said Adam Kablanian, President and CEO of Virage Logic.
"We believe this investment enables Virage Logic to further its commitment to embedded memory development.
We are capturing the industry trend toward increasing chip integration and larger memory instances on-chip".
"This investment round validates the market interest in pursuing embedded DRAM product technology for use in next-generation applications", said Paul Slaby, President and CEO of Atmos.
"The funding supports our work in leading embedded DRAM product development for new products, markets and web-based design of systems on chips".
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