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04/26/2007

Ponte Solutions Raises $7.5 Million In Series B Funding

 

Ponte Solutions, a DFM solutions company, recently announced it has raised $7.5 million in Series B funding, bringing total funding to date to $17 million. In addition, Ponte has added industry luminaries Michael Smayling to its technical advisory board, and longtime semiconductor manufacturing and EDA executive, Michael Buehler-Garcia, as its new vice president of marketing and business development.

The Mayfield Fund led the Series B investment, with additional funding from U.S. Venture Partners and private investors.

“With this new funding we will strengthen our leadership in critical area analysis and expand our offerings to address other important facets of the DFM market,” said Alex Alexanian, Ponte president and CEO. “Equally impressive is the collection of semiconductor process, design, and marketing expertise represented by our talented and highly experienced board, and our newest additions, Michael Smayling, and Michael Buehler-Garcia.”

According to Mayfield Fund venture partner, John Stockton, who also serves on the Ponte board of directors, Ponte’s technology as it is integrated into the different process development and design flows will alter the DFM landscape. “Customers have either been developing their own DFM offerings or working to integrate point tools and process data from various sources,” Stockton said. “Ponte realizes that customers don’t want more of the same, but instead real solutions that cross the chasm between design and manufacturing.”

“Ponte (Italian for ‘bridge’) is all about building the bridge between design and manufacturing,” said Buehler-Garcia. “Fabs speak about the manufacturing process in terms of physical components and chemical reactions, and view products as layers; while designers speak about electrical circuits and layout polygons, and view products hierarchically. The Ponte platform translates physical, chemical, and layer-based manufacturing process variability into deviations from original design intent, something designers understand. At the same time, Ponte’s strategy is also to help fab engineers account for a range of design intent when developing and optimizing manufacturing processes and recipes, thus bridging the gap between manufacturing and design.”

Ponte Solutions, Inc. develops and markets unique model-based software products and design for manufacturing (DFM) solutions that analyze, predict, and reduce the impact of process variability during the manufacture and design of semiconductors. Ponte customers include leading semiconductor companies, foundries, and design houses worldwide. Founded in 2002, the venture-backed company has received funding from The Mayfield Fund, U.S. Venture partners, Incubic LLC, Silicon Ventures LLC, and others. The company has offices in Mountain View, Calif., and Yerevan, Armenia.

For more information, please visit www.ponte.com