Breker Verification Systems Secures $5 Million in Funding
Investment Will Be Used to Grow R&D, Expand Worldwide Sales, Support Efforts
(firmenpresse) - MOUNTAIN VIEW, CA -- (Marketwire) -- 07/12/12 -- Breker Verification Systems, The SoC Verification Company, today announced that it has raised $5 million in Series A funding.
Funding was provided by Astor Capital Group, a private equity fund out of Far East Asia. Funds will be used as working capital to scale Breker's operations, expanding in all areas of sales, support and research and development.
Previously, Breker bootstrapped the company with a small, initial round of angel investment. That funding enabled Breker to gain market traction with TrekSoC™, the first commercially available software that automates the generation of self-verifying test cases for multi-threaded system-on-chip (SoC) devices. TrekSoC is in production use at leading SoC design companies, including STMicroelectronics and NVIDIA.
Adnan Hamid, Breker Verification Systems' co-founder and chief executive officer (CEO), says: "This round of funding demonstrates the strength of our technology and the unique value proposition that we bring to the SoC verification market. Our users have been excited with our solution, and we are extremely pleased to be in a position to scale our support and range of products. We are thrilled that Astor sees our potential and has committed to helping us meet our corporate goal to become The SoC Verification Company."
Since its founding in 2003, Breker Verifications Systems' mission has been to improve upon existing verification technologies, especially as multiple embedded processors become more and more prevalent in SoCs. Effective verification of such designs requires high-quality, self-verifying test cases running on the processors. These test cases must exercise a wide range of functional scenarios to ensure that the SoC can support the necessary concurrency, system-level and software functionality while meeting performance requirements. Breker's TrekSoC generates these test cases automatically. Usage of its tools continues to expand at major SoC design houses.
Breker Verification Systems is an Electronic Design Automation (EDA) software company that provides innovative solutions to solve the challenge of complex system-on-chip (SoC) functional verification. Its TrekSoC™ software and unique SoC scenario-modeling™ approach are used in production at leading semiconductor companies in the U.S., Europe and India. More information about Breker can be found at or at . Daily updates on company activities are available at and additional information can be found at . Founded in 2003, it is privately held and funded. Breker Verification Systems corporate headquarters is located at 800 West El Camino Real, Suite 180, Mountain View, Calif. 94040. Telephone: (650) 336-8872. Email: .
TrekSoC and SoC Scenario Modeling are registered trademark of Breker Verification Systems. Breker Verification Systems acknowledges trademarks or registered trademarks of other organizations for their respective products and services.
For more information, contact:
Tom Anderson
Breker Verification Systems
(408) 823-9075
Nanette Collins
Public Relations for Breker Verification Systems
(617) 437-1822
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Datum: 12.07.2012 - 15:30 Uhr
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