Press Releases

Plunify secures S$589,000 in funding from Get2Volume & Singapore National Research Foundation

 

Chip Design Acceleration Using Major FPGA Vendor Tools

Singapore, October 12, 2012 – Plunify Pte Ltd, a provider of cloud computing solutions for chip design, today announced that it has been awarded S$589,000 in incubation financing and support from Singapore-based Get2Volume, co-funded by the Singapore National Research Foundation. Plunify will use the funds to further develop its FPGA design acceleration capabilities, speeding up engineers’ workflows to get products to market in less time and at reduced cost.

“Plunify has addressed the central issue facing FPGA designers – how to get designs done more quickly,” said Mike Holt, CEO of Get2Volume. “We are pleased to incubate and fund Plunify to continue to grow and lead the industry in cloud-based semiconductor development tools”.

“The extra funds will enable us to strengthen our capabilities to assist FPGA designers in their work. We are excited about upcoming features that will further accelerate compute-intensive design tasks and aid timing closure,” said Kirvy Teo, Director of Product Development at Plunify.

Plunify’s solution supports major FPGA software tools on Windows and Linux platforms, and is available as a free download at www.plunify.com/en/portal.php.

For more on “Accelerating Time-To-Market with Cloud Computing,” and to find out more about Plunify, please visit www.plunify.com

For more information about Get2Volume, please refer to www.g2vaccelerator.com

About Plunify

Plunify® cloud computing solutions enable semiconductor chip designers to shorten product time-to-market and reduce development costs with no disruption to existing workflows. Follow Plunify viaFacebook, Twitter and Blogger.

About Get2Volume

Get2Volume, headquartered in Singapore, invests in, mentors and helps grow innovative microelectronics-centric companies. Get2Volume brings global capabilities, capital and connections to enable success. With incubation managers and venture partners in Silicon Valley and Singapore, Get2Volume provides mentorship, operational and execution capabilities. Get2Volume co-invests with the Singapore National Research Foundation providing funding to enable growth for early stage Singapore high-technology start-up companies.

Media Contact:

Harnhua NG
Plunify Pte Ltd
+65 819-819-31
media@plunify.com

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