# VaST Systems Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/vast-systems-technology

- Industry: Software
- Headquarters: Sunnyvale, US
- Website: www.vastsystems.com
- Total disclosed funding: $30M
- Latest round: Series D (Jul 24, 2007)
- Investors on record: 4

## About

VaST Systems Technology Corp. specializes in providing advanced simulation technologies for embedded systems, enabling faster and more efficient design processes in various industries, including automotive and telecommunications.Founded in 1997 and headquartered in Sunnyvale, US, VaST Systems Technology Corp. focuses on simulation technologies for embedded systems. The company was acquired by Synopsys in February 2010, although the financial terms of the transaction were not disclosed. The company has participated in four funding rounds, with the latest being a Series D round, raising USD 12.00 mn led by GoAhead Ventures.VaST Systems Technology Corp. develops simulation tools that enhance the design and verification of embedded systems. These tools allow engineers to streamline their development processes, reducing time-to-market for complex embedded designs across sectors such as automotive and telecommunications, serving clients worldwide from North America to Asia-Pacific.VaST Systems Technology Corp. generates revenue primarily through software licensing agreements and subscriptions. Its offerings are tailored for B2B transactions, providing continuous access to the latest software tools and support for engineers in embedded system design, particularly for large organizations in semiconductor and automotive industries.Following its acquisition by Synopsys in February 2010, VaST Systems Technology Corp. aims to leverage new resources for expanding its product offerings and enhancing its market presence. Plans include launching new simulation tools designed for automotive applications by the end of 2011, as well as entering the European market to tap into the growing demand for embedded system solutions. Recent funding will be allocated towards research and development to support these initiatives.

## Funding rounds

- Series D, Jul 24, 2007, $12M — Mohr Davidow Ventures, Foundation Capital, Triumph Capital, GoAhead Ventures
- Series C, May 25, 2005, $12M — Mohr Davidow Ventures, Foundation Capital, Triumph Capital
- Series C, May 1, 2003, $6M — Mohr Davidow Ventures, Triumph Capital

## Investors

- Mohr Davidow Ventures (https://capitalatlas.ai/funds/mohr-davidow-ventures) — Series C, Series D
- Triumph Capital (https://capitalatlas.ai/funds/triumph-capital) — Series C, Series D
- Foundation Capital (https://capitalatlas.ai/funds/foundation-capital) — Series C, Series D
- GoAhead Ventures — Series D