# Bluespec

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bluespec

- Industry: Hardware
- Headquarters: Framingham, US
- Website: www.bluespec.com
- Total disclosed funding: $12M
- Latest round: Series C (Feb 9, 2011)
- Investors on record: 2

## About

Bluespec is a technology company specializing in open source RISC-V cores and verification tools, focusing on high-performance solutions for various applications in the computing industry.Founded in 2003 and headquartered in Framingham, US, Bluespec develops RISC-V cores and verification tools. The company was founded by Joe Stoy and has engaged in seven notable deals, with its most recent funding round occurring on January 27, 2012, raising USD 1.5 mn. Charlie Hauck currently serves as the CEO.Bluespec specializes in the development of open source RISC-V cores and tools that provide high-performance, accurate verification solutions for RISC-V architectures. Their core products include RISC-V soft cores designed to facilitate the integration of RISC-V technology into embedded systems and accelerators. These solutions cater to sectors such as telecommunications, consumer electronics, and automotive, offering tools for precise verification. Bluespec serves a diverse global client base, including semiconductor companies and educational institutions, across North America, Europe, and Asia.Bluespec generates revenue primarily through B2B transactions, engaging directly with technology sector clients via partnerships and licensing agreements. Their offerings include software tools and RISC-V cores, with clients often entering subscription agreements for continuous access or purchasing specific toolsets outright. Pricing structures are tailored to meet diverse client needs, accommodating various scales of implementation and complexity.Bluespec aims to expand its product line by launching new RISC-V solutions designed for enhanced performance, although specific release dates are not yet confirmed. The company is also targeting expansion into new geographic markets, particularly in Asia and Europe, by 2025. The funding raised in January 2012, totaling USD 1.5 mn, will likely support these initiatives, facilitating product development and market entry strategies.

## Funding rounds

- Series C, Feb 9, 2011, $1M — North Bridge Venture Partners
- Series C, Mar 15, 2010, $2M — North Bridge Venture Partners
- Series C, Oct 26, 2007, $4.3M — Atlas Venture, North Bridge Venture Partners
- Series B, Mar 9, 2006, $4.5M — Atlas Venture, North Bridge Venture Partners

## Investors

- Atlas Venture (https://capitalatlas.ai/funds/atlas-venture) — Series B, Series C
- North Bridge Venture Partners (https://capitalatlas.ai/funds/north-bridge-venture-partners) — Series B, Series C