# Chip Estimate

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/chip-estimate

- Industry: Semiconductors
- Headquarters: Cupertino, US
- Website: www.chipestimate.com
- Total disclosed funding: $3.5M
- Latest round: Series B (Oct 5, 2006)
- Investors on record: 1

## About

Chip Estimate Corp. offers advanced semiconductor IP solutions, specializing in chip design resources tailored for System-on-Chip (SoC) needs, focusing on applications such as artificial intelligence and automotive safety.Chip Estimate Corp. provides semiconductor design solutions aimed at optimizing chip integration for various applications. Founded in Cupertino, US, it was acquired by Cadence Design Systems in March 2008 for an undisclosed amount. The firm has completed 2 deals, with its most recent investment round being a Series B raising USD 3.50 mn led by ITU Ventures, totaling USD 3.50 mn raised.ChipEstimate.com specializes in providing a comprehensive suite of semiconductor IP solutions and chip design resources that address the diverse needs of modern System-on-Chip (SoC) workloads. Core product offerings include processor IP solutions for applications in artificial intelligence, automotive functional safety, and the Internet of Things (IoT), aiming to optimize performance and efficiency in various scenarios, from consumer electronics to advanced automotive systems. The company serves semiconductor manufacturers and design firms across North America, Europe, and Asia, helping clients navigate the complexities of chip design and integration through an extensive IP catalog and planning portal.ChipEstimate.com generates revenue through partnerships and direct transactions with B2B clients. Revenue streams include subscription-based access to proprietary IP resources and transaction fees for individual IP core licensing. Contracts with customers encompass comprehensive design tools and support services tailored to specific needs, with flagship products providing scalable solutions that accommodate a range of operational requirements, ensuring clients receive value proportional to their investment.Chip Estimate Corp. is focused on designing new products for the semiconductor industry, though specific release dates have not been disclosed. The company aims to expand into new markets, particularly targeting growth in North America and Asia by 2025. The recent funding from the Series B round will support these initiatives, enhancing product development and market reach. Following its acquisition by Cadence Design Systems in March 2008, the company has positioned itself for strategic growth in the competitive semiconductor landscape.

## Funding rounds

- Series B, Oct 5, 2006, $3.5M — ITU Ventures

## Investors

- ITU Ventures (https://capitalatlas.ai/funds/itu-ventures) — Series B