Tuesday, July 24, 2007

VaST Gets $12M

Sunnyvale-based VaST Systems, a provider of simulation products for modeling hardware products, said Tuesday that it has closed on $12M in a Series D funding round. The new round of funding came from ZenShin Capital, along with prior investors Allen Buckeridge, Foundation Capital, and Mohr Davidow Ventures. VaST Systems products are used to simulate hardware systems, in order to validate hardware and software designs. According to the firm, the company's products create a highly accurate software model of systems which can operate at near real-time speeds under software loads. Hardware simulation is used by electronic system designers to ensure that their designs will operate as expected, and for software prototyping and development. More information »