TEL AVIV, Israel — NVIDIA GPU Technology Conference, 2011 – GPU-based logic simulation provider Rocketick has completed a strategic B-round investment led by NVIDIA, the Silicon Valley-based leader in visual and parallel computing.
This marks NVIDIA's first strategic investment in Israel. In parallel, NVIDIA will become a product licensee of Rocktick's flagship product, RocketSim, the world's first GPU-based logic simulation accelerator.
“We are pleased to bring our synergetic partnership with NVIDIA, both as a user of our technology and as the leader of the GPU revolution, to the next level,” said Uri Tal, CEO of Rocketick. “This partnership will further accelerate Rocketick's efforts to broaden the adoption of RocketSim by first and second-tier semiconductor companies. By investing in Rocketick and becoming a licensee of our product, NVIDIA gives a boost to Rocketick's operations, while giving NVIDIA the ability to design superior GPUs.”
As part of its $2.5 million investment, Jeff Herbst, VP of Business Development at NVIDIA, will become an observer on Rocketick's Board of Directors.
“We have been working with Rocketick over the past year and are delighted to partner with them in our first investment in an Israeli startup,” Herbst said. “In an industry where the complexity of simulating a chip grows exponentially, their technology is critically important. Rocketick shares our vision of the GPU's limitless potential.”
RocketSim is a GPU-based software product that seamlessly attaches to existing chip-verification simulators in the market, accelerates their run-time by 10x or more and reduces the server-RAM requirements by 80 percent. RocketSim enables the simulation of huge chip designs, both at the RTL-level and at the gate-level, which previously had not been possible. It enables semiconductor companies to shorten their time-to-market, increase their confidence in their designs and design more complex chips.