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Thursday, September 13, 2012
Samsung Invests $4 Million in Carbon Design Systems

Carbon Design Systems Inc., a supplier of virtual platform and secure model solutions, announced today that it received $4 million in investment funding from Samsung Venture Investment Corporation. Additionally, the companies have entered into a strategic partnership.

Funds from the strategic investment will be used as working capital and support Carbon's development of tools in the electronic system level (ESL) design space, including its virtual prototypes. Carbon currently offers a unified virtual prototype that scales from 100% accuracy to hundreds of MIPS performance.

"Carbon's technology helps Samsung's development of leading-edge consumer devices," states Jung Ho Kim, an investment manager at Samsung Venture Investment Corporation. "The strategic partnership will offer Samsung a way to more broadly expand and fast track adoption of ESL tools."

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