St. Louis-based Blendics, Inc., a provider of design tools, design services and semiconductor intellectual property (IP) for advanced system-on-chip (SoC) designs, today announced the close of a first round of funding totaling $1M from National Innovation Fund. National Innovation Fund is an Omaha-based early-stage venture firm. Blendics will use the capital to advance its Asynchronous Network on Chip (ANoC) product portfolio and to expand its market presence in the $5 billion electronic design automation (EDA) and the $1.7 billion silicon intellectual property industries.
This additional capital will further Blendics’ work to help integrated circuit designers reduce design costs and time to market.
As semiconductors grow in transistor density, design and verification complexity has jumped dramatically. This is due in large part to the challenge of ensuring reliability at high speeds and low voltages–a need not addressed by current EDA tools. Blendics’ tools and silicon IP allow integrated circuit designers to develop faster, more reliable and lower power products more quickly, while preserving their ability to use existing tools and workflows. As a result, designers will see reductions in design costs and time to market, while end users will benefit from more reliable products from the consumer electronics, computer, automotive, manufacturing and financial services industries.
“An entire generation of products will be held back if FPGA and ASIC designers aren’t equipped with the right technology,” said Blendics president Jerry Cox. “We are excited to have the support of National Innovation Fund.”
Blendics was founded to commercialize the results of research carried out at Washington University and Southern Illinois University Edwardsville, where founders Jerry Cox, George Engel, Tom Chaney and David Zar have been faculty members or research staff members. Proof-of-concept studies and product development were supported by grant funding through the National Science Foundation from 2008 through 2011. Together the founders have over 120 years of experience in high-performance computer system design, combining their expertise in asynchronous circuits (Cox), analog integrated circuits (Engel), IC standard cells and FPGA ICs (Zar) and metastability (Chaney).
Xilinx, a commercialization partner, is a leader in the digital programmable-logic device market.
Blendics is the second enterprise for Cox, who was a founder of Growth Networks, a chip-set company sold to Cisco in 2000 for $350 million. The Growth Networks chip-set became the basis for Cisco’s CRS-1, their top-of-the-line router.
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