Product category:
Design and Development Software
News Release from: Blaze DFM
Edited by the Electronicstalk Editorial
Team on 15 March 2007
Second round of funding for DFM pioneer
A company specialising in electrical design for manufacturability (DFM) has closed its Series B round of funding for $10 million and completed a corporate merger.
Blaze DFM, a company specialising in electrical design for manufacturability, has closed its Series B round of funding for US $10 million Blaze also disclosed the completion of the previously announced merger with Aprio Technologies
This article was originally published on Electronicstalk on 16 May 2006 at 8.00am (UK)
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The combined company will continue on as Blaze DFM.
New to the ranks of Blaze investors are El Dorado Ventures and Mobius Venture Capital, both of whom are previous investors in Aprio and are adding fresh capital to Blaze's Series B round.
Lightspeed Venture Partners, who led Blaze's Series A funding, also participated in this latest round.
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Blaze provides electrical DFM software solutions that maximise parametric yield for sub-100nm chips.
Parametric failures - chips that fail to meet timing and power specs - have been described as the most critical yield-limiting factor facing designers today.
Maximising parametric yield has become the top priority at many of the largest chip companies worldwide.
For high-volume parts, improvements in parametric yield can measure in the tens of millions of dollars in incremental revenue and reduced cost.
"We strongly believe in the DFM market, and Blaze is the company that is best positioned to lead the way", says Tom Peterson, General Partner at El Dorado, who will join Blaze's board of directors.
"Aprio's technology is synergistic with Blaze's electrical DFM vision and the combination presents a very compelling investment opportunity".
The combination of Aprio's litho simulation and analysis engines together with Blaze's electrical analysis and optimisation technology will result in the most comprehensive electrical DFM offering available from any commercial vendor.
"Blaze single-handedly created the market for electrical DFM solutions", says Carl Showalter, General Partner at Lightspeed Venture Partners and lead investor in Blaze's Series A round of funding.
"Electrical DFM will continue to drive growth in the market for design technology, and the merging of Blaze and Aprio positions the company as the clear leader".
"The magnitude of this round of funding is a testament to Blaze's strategic vision and ability to execute", says Jacob Jacobsson, President and CEO at Blaze.
"We achieved our first customer tapeout just a little over a year after the company was founded".
"Our first production customer followed just a few months later".
"In only our second full year of operation, we booked multiple millions of dollars in customer orders from companies such as STMicroelectronics and Qualcomm".
Blaze was founded in October 2004.
First customer tapeout was achieved in December 2005.
Blaze was the first DFM startup to successfully deliver customer silicon in March 2006.
The customer, Qualcomm, subsequently published two separate articles on the results achieved with the Blaze solution.
Blaze officially debuted in May 2006 and quickly established the market for electrical DFM solutions.
Earlier this month, Blaze merged with Aprio Technologies to complete its electrical DFM technology portfolio.
To date, Blaze is one of the only DFM companies to have proven the value of its products by delivering customer silicon.
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