Rocketick Receives $2.5M Strategic Investment from NVIDIA

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▤ Summary

Rocketick, a Ramat Gan, Israel-based GPU-based logic simulation provider, has received a $2.5m strategic investment from NVIDIA.NVIDIA, which is a leader in visual and parallel computing, will become a product licensee of Rocktick’s GPU-based logic simulation accelerator, called RocketSim, and Jeff Herbst, VP of Business Development at NVIDIA, will become an observer on the company’s Board.RocketSim is a GPU-based software product that attaches to existing chip-verification simulators in the market.It is designed to accelerate their run-time and reduce the server-RAM requirements enabling semiconductor companies to simulate huge chip designs, both at the RTL-level and at the gate-level, and shorten their time to go to market.Founded in 2008 and led by CEO Uri Tal, Rocketick serves several semiconductor customers.

$ Funding

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Amount $2.5M Total raised
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Date May 30, 2011 Announcement date
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Investors NVIDIA Lead investors
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Company http://www.rocketick.com Funded company

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