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Software | October 16, 2006

ChipVision raised € 5 million in Series B Round

German EDA-company ChipVision Design Systems has announced that it has raised €5 million in Series B funding.

The Series B round was funded by a consortium of investors that included ChipVision's Series A investors, Target Partners and BayTech Venture Capital, both of Munich, Germany. Funds will be used to further the market penetration of ChipVision's flagship product ORINOCO®, to expand customer support and to bolster the company's engineering team.
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