CIMdata PLM Industry Summary Online Archive
7 June 2004
Company News
Jasper Design Automation Secures $13.5 Million In Series C Funding
Jasper Design Automation announced that it has raised $13.5 Million in a Series C round of funding led by Accel Partners. Theresia Gouw Ranzetta, general partner with Accel Partners, will join the board of directors. Together with the two previous rounds, this brings Jasper's total funding to $20.6 Million.
The new funds will be used to expand Jasper's sales and support staff worldwide and for company operations.
Both previous institutional investors participated in this third round of funding; Cambrian Ventures from the Series A funding, and Foundation Capital from series B.
For further details on how to drive higher design quality and shorter schedules, please visit: http://www.jasper-da.com
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