GateRocket Raises $3 Million in Series-A Financing

GateRocket® Inc. has completed a $3 million Series-A round of financing of led by New Atlantic Ventures, Massachusetts Technology Development Corporation (MTDC), and Long River Ventures. Seed-stage investors and Angel groups also participated to bring the total GateRocket has now raised to $4.5 million. This round of financing will enable the company to engage more customers and broadly deploy its compelling solution for Field Programmable Gate Array (FPGA) verification and debug. With this financing, GateRocket will increase its team in its Bedford Mass. office by adding both sales and development resources.

GateRocket’s product, RocketDrive®, is a faster and more accurate verification and debugging solution for FPGAs than traditional software-only approaches. The RocketDrive offers the ability to exhaustively validate and test an FPGA design before committing to production by exposing bugs you would only find in the lab early in the design phase, enabling shorter product development times, higher product quality and improved performance.

The solution is very powerful since it allows the designer to place any portions of the FPGA design into the RocketDrive and seamlessly integrate it with their verification platform. This allows the FPGA to be used natively to (1) speed verification by replacing FPGA software models with actual hardware; (2) investigate hardware bugs and test alternatives; and (3) run application level software against a Device Native® representation of the design.

The RocketDrive takes minutes to install in any Linux PC and integrates seamlessly with the user’s existing design and verification environment. The RocketDrive complements software design tools from the leading design automation tool vendors including Cadence Design Systems (CDNS), Mentor Graphics Corp. (MENT), Synopsys, Inc. (SNPS), Synplicity, Inc., and the FPGA vendor tools from Altera Corp. (ALTR) and Xilinx, Inc. (XLNX).

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