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Product category: Design and Development Software
News Release from: Forte Design Systems
Edited by the Electronicstalk Editorial Team on 21 December 2006

Investors support ESL expansion

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Forte Design Systems has closed a series D round of financing in the amount of $5.4 million.

Forte Design Systems has closed a series D round of financing in the amount of $5.4 million Saints Capital joined 3i Corp and Infinity Capital as the major institutional investors in the company

This new infusion of funds will be used to further expand Forte's leadership position, enhance the ESL design flow, and build the company's worldwide presence.

Leo de Luna, Senior Associate at Saints Capital stated: "Forte has impressed us with its leading ESL synthesis product which accelerates the path from SystemC and ANSI C/C++ to quality RTL and ultimately silicon".

"Forte's Cynthesizer has made strong progress in the marketplace, meriting our interest as investors".

"We are observing the continued move to ESL and the adoption of Forte's Cynthesizer", said Lucio Lanza, Managing Director, Lanza TechVentures and Forte's Chairman.

"Cynthesizer's high-level synthesis technology enables software algorithms to be realised in silicon predictably, which is absolutely crucial to the success of ESL".

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