Rocketick Technologies Ltd. develops RocketSim™, a GPU-based software solution that attaches to existing simulators to accelerate chip verification and reduce time-to-market. The product integrates with customers' existing workflows and design environments. The company intends to use the $3M Series C proceeds for working capital to expand its research and development team and its customer support infrastructure. Backers in the round included Intel Capital, NVIDIA and other existing investors. Rocketick was founded in 2008 and is led by CEO Uri Tal. The company is based in Ramat-Gan, Israel, and San Jose, CA. Rocketick develops RocketSim, a GPU-based logic simulation accelerator that attaches to existing chip-verification simulators to speed run-time and reduce server-RAM requirements. RocketSim enables semiconductor companies to simulate very large chip designs at both the RTL and gate levels. The product is positioned to shorten customers' time to market by accelerating verification cycles. NVIDIA will become a product licensee of RocketSim as part of the strategic investment, signaling a commercial partnership for wider adoption. Rocketick serves several semiconductor customers and is led by CEO Uri Tal. The company was founded in 2008 and is based in Ramat Gan, Israel.

Total raised

$6M

Funding rounds

2

Latest round

Series C

Latest activity

Oct 2013