Get2Chip

Get2Chip is a company specializing in electronic design automation technologies, focusing on optimizing software solutions for semiconductor firms, allowing for streamlined design processes and increased performance in electronic product development. Get2Chip was founded in 2000 in San Jose, US. The company specializes in EDA technologies, notably its flagship RTL Compiler, and was acquired by Cadence Design Systems in April 2003. The company has completed two deals, with the most recent investment round being a Series B totaling USD 11.

50 mn, led by Benchmark, Blue Chip Venture Company, and Wafra. Get2Chip specializes in electronic design automation (EDA) technologies, focusing on their flagship product, the RTL Compiler, which enhances design processes by optimizing runtime and improving clock speed. Their offerings cater to semiconductor companies and VLSI sector firms, helping them develop high-performance electronic products efficiently. Their client base spans North America, Europe, and parts of Asia, with end users including engineers and product developers relying on EDA tools to streamline workflows and accelerate time-to-market for complex digital designs.

Get2Chip's revenue model is based on business-to-business transactions, particularly through software licensing in the semiconductor industry. Clients pay for software licenses, with potential subscription pricing for ongoing support. The RTL Compiler is central to these agreements, providing functionality that enhances design capabilities. Partnerships with major semiconductor manufacturers enhance their market position and facilitate collaborative opportunities for product expansion.

Get2Chip aims to strengthen its market presence by developing new products and expanding into new geographic regions. The company plans to leverage the recent Series B funding of USD 11. 50 mn to support these initiatives, including enhancing their RTL Compiler and exploring new market opportunities by targeting Asia and Europe. The acquisition by Cadence Design Systems signifies a strategic move to enhance their capabilities and expand their reach in the EDA market.