Analysis
Carbon Design Systems receives $4 Million Investment from Samsung
Carbon Design Systems has declared today that it has received $4 million in investment funding from Samsung Venture Investment Corporation. Additionally, the companies have entered into a strategic partnership.
Fund“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.”
Adds Rick Lucier, Carbon’s president and chief executive officer: “We work closely with various project groups at Samsung. Its deep technical knowledge of system-level design will be beneficial to us as we market key technologies to expand the reach of fast virtual prototypes that do not compromise accuracy.”