5/11/2004 - Beach Solutions, the leading innovator in the emerging ESL market segment within the EDA industry has received $3 million in further second round funding. The funding has come from MTI Partners, Beach Solutions' lead investor and one of the UK's premier technology venture capital fund managers. This brings the total for Beach's venture financing to $7.2M.
The new funding will enable Beach Solutions to further expand its operations in the USA through the pursuit of a major account sales strategy that has been successfully proven in Europe.
Tom Jarman, an MTI Partner said: "We invested in Beach Solutions because the ESL market is very attractive from an investment point of view. Dataquest foresees strong ESL growth, with a compound annual growth rate of 33.2 percent from 2002 to 2007. This is the fastest growing market segment in the EDA sector. Our latest investment allows the company to expand its market share with new sales and marketing objectives and to penetrate North America and Japan."
Beach Solutions' EASI-Tools product family is a revolutionary solution that eliminates problems in the early stages of the design process which typically are not found until later in the costly verification stage. Its methodology provides an infrastructure to capture, validate and generate a complete system and IP and to efficiently manage the IP so it is visible, tracked, supported and distributed throughout the entire corporation.
Using the Beach Solutions methodology yields huge benefits in time and costs for both the hardware and software teams. The Beach EASI-Tools capture the system requirements and architecture and then is the only tool on the market to perform RTL, Bus Interface, Software and Test synthesis. During the synthesis, Beach embeds digital fingerprints into the 100's of design files that are created to insure the quality of the design over time. In addition, EASI-Tools can perform Interface Rule Checks (IRC) to ensure that the hardware and software interfaces are consistent and valid. Just like DRC tools for checking layout against the process rules, IRC checks the System Level design against common and customer defined rules which eliminate issues typically found during the time-consuming co-verification stage.
Design engineers will often write fragments of test code in C to test out their IP block while it is held in some kind of test harness along with a microprocessor and a bus. Verification engineers will often write fragments of test code in C to test out a block or part of a system. In both cases these fragments get thrown away and the effort lost. Beach offers the capability to use one software library for use by the designer, the verification team, and the software team developing the drivers.
Implementing the process is independent of existing design architectures, tool flows and languages. It guarantees consistency and compliance of all interfaces across the design domains.
Early adopters of Beach Solutions' tools include some of the most demanding global semiconductor companies. These customers have already experienced significant productivity gains and improvements in their drive to manage for profitability. Customers also embrace the process for the fact that their earlier investments are protected because of EASI-Tools capability to seamlessly and easily import their legacy IP data.
About Beach Solutions
Beach Solutions is a leading innovator of system-level EDA solutions and design tools for hardware software co-design. Beach provides Electronic System Level (ESL) design tools for capturing, validating and creating quality IP for SOC, Embedded Software and Component based design styles. As testimony to the value of the Beach EASI-Tools, a leading cell phone company and a large DSP chip manufacturer benefit from using Beach tools. Beach Solutions is a venture funded, privately owned company with over $7 million raised to date. Beach Solutions serves its customers with offices around the world. Further information is available from the Beach Solutions website: www.beachsolutions.com
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