ChipVision Raises $4.5 Million

ChipVision Design Systems, an Oldenburg, Germany-based provider of low-power electronic design automation solutions, has raised $4.5 million in Series B funding. Return backers include Target Partners and BayTech Venture Capital.

PRESS RELEASE 

ChipVision Design Systems, the low-power specialist in electronic design automation (EDA), today announced it has raised $4.5 million in a Series B internal round led by Target Partners and BayTech Venture Capital, both of Munich, Germany. Known for its breakthrough power optimization design tools, ChipVision will use the funds to introduce its newly announced PowerOpt