INCHRON GmbH, a Potsdam, Germany-based manufacturer and supplier of design and test solutions for real-time critical software, has completed a new round of financing.
Investors include existing backers Hasso Plattner Ventures (HPV) and KfW SME Bank.
The company intends to use the funds to expand further the technological capapilities of its tools.
led by Uwe Brodtmann, Managing Director, INCHRON provides solutions that enable designers to model, simulate and analyze different design alternatives at an early stage in the design process. According to the company, this can cut development time and costs by up to two thirds.
Customers include Audi, BMW, Bosch and Continental.