Rocketick
Software-based Acceleration Solutions
Company Overview
Snapshot
Founded in July 2008, Rocketick operated with 1–10 employees and secured $7.56 million across four funding rounds from four investors. The company was acquired by Cadence Design Systems in April 2016.
Business overview
Rocketick specializes in developing software-based acceleration solutions designed to help chip manufacturers reduce the time-to-market for new designs. Its flagship product, RocketSim, addresses functional verification bottlenecks by providing a multi-core, processor-based co-simulator acceleration solution, enabling faster simulations for complex designs. The company serves the semiconductor industry, operating within the Business Software sector, specifically focusing on IT, R&D, and data solutions for product development and software development tools.
Strategic signal
In April 2016, Rocketick was acquired by Cadence Design Systems, a significant event that marked the company's exit from the market. This acquisition by a major industry player like Cadence Design Systems validates Rocketick's technology and its impact on chip design acceleration, signaling a successful integration of its solutions into a broader electronic design automation portfolio.
Log in to access full profile ›Company Intelligence Q&A
- What is Rocketick's primary offering?
- Rocketick's primary offering is RocketSim, a software-based acceleration solution that complements simulators with multi-core, processor-based co-simulation to speed up functional verification for complex chip designs.
- When was Rocketick acquired and by whom?
- Rocketick was acquired by Cadence Design Systems in April 2016, leading to its inactive status.
- What was the total capital raised by Rocketick?
- Rocketick raised a total of $7.56 million across four funding rounds.