Article: Tharas Secures $5.5 Million in Funding Round Led by El Dorado Ventures; Verification Solutions Provider Will Use New Funding To Further Develop Next-Generation Verification Appliances.

ANAHEIM, Calif. -- Tharas Systems, Inc., a leading provider of high-performance, hardware-assisted verification solutions for the development of complex integrated circuits and electronic/embedded systems used in communications, computers, graphics and networking, today announced that it has raised $5.5 million in new venture capital funding. Santa Clara-based Tharas plans to use the proceeds to further the development of its next-generation verification appliances and to expand its global sales and technical support network.

The financing round was led by El Dorado Ventures and included current investors NeoCarta Ventures; Alliance Venture Management, LLC; Andy ...

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