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Codasip GmbH Paul-Gerhardt-Allee 50 81245 München, Germany https://www.codasip.com
Contact Mr Neil Hand +1 650-353-7486
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Codasip GmbH

Codasip Secures $2.8 Million First Round of Funding, Led by Credo Ventures

Codasip Secures $2.8 Million First Round of Funding / Funding will help make application specific processor (ASIP) technology mainstream and support international expansion

(PresseBox) (San Jose, Calif. & Prague, Czech Rep, )
Application specific processor design tool and IP provider Codasip, today announced that it has closed its first round of public funding totaling $2.8 million. This new investment will be used to further develop Codasip's unique technology that enables ASIP's to be programed using the same standard flows as existing processors. This innovation is key to eliminating the traditional complexity associated with ASIP designs and transition ASIP usage from a niche into mainstream design. Funding is being led by Credo Ventures, a venture capital firm based in the Czech Republic, and includes additional funds from multiple private investors.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.