Blaze DFM Closes $10 Million Series B Funding
Company's Parametric Yield Focus Addresses Top Semiconductor Industry Priority
Sunnyvale, CA – March 12, 2007 –Blaze DFM, the electrical DFM company, announced today that it has closed its Series B round of funding for $10 million. Blaze also disclosed the completion of the previously announced merger with Aprio Technologies (See Blaze and Aprio Agree to Merge). The combined company will continue on as Blaze DFM, Inc. 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.
Blaze provides electrical DFM software solutions that maximize 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. Maximizing parametric yield has become the top priority at many of the largest chip companies worldwide.
“We strongly believe in the DFM market, and Blaze is the company that is best positioned to lead the way,” said 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 optimization 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,” said 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,” said 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.
About Blaze DFM
Blaze DFM provides software solutions to fabless semiconductor companies, integrated device manufacturers, and silicon foundries. Blaze products give IC designers greater control over manufacturing variability, improving yield and shortening time to volume production. Blaze DFM, Inc., 1275 Orleans Drive, Sunnyvale, CA 94089, 408.470.4900. Web: http://www.blaze-dfm.com
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