Thursday, March 09, 2006

Bluespec Raises $4.5 Million in Second Round of Venture Capital - Waltham, MA

Bluespec, a developer of tools for designing hardware, has raised and additional $4.5 million in its second round of venture capital, led by Atlas Venture and North Bridge Venture Partners. This brings the total amount raised by Bluespec in two rounds from Atlas and North Bridge to $13 million. Bluespec makes electronic design automation toolsets for hardware design. The technology is designed to reduce design time, bugs and "re-spins" that contribute to product delays and development costs.


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