Rocketick Technologies Closes $3M Series C Funding

Rocketick Technologies Ltd., a Ramat-Gan, Israel and San Jose, CA-based provider of GPU-based logic simulation software for chip verification, closed a $3m Series C funding.

Backers included Intel Capital, NVIDIA, and other existing investors.

The company intends to use the funds for working capital to expand its research and development team and its customer support infrastructure.

Founded in 2008 and led by Uri Tal, CEO, Rocketick provides RocketSimâ„¢, a GPU-based software solution that attaches to existing simulators and accelerates them, thus enabling chip manufacturers to reduce time-to-market of new designs. It works alongside existing customer workflows and design environments.

FinSMEs

27/10/2013

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