ArchPro Raises $4.5 Million in Latest Financing Round

SAN JOSE, Calif.—(BUSINESS WIRE)—May 23, 2006— ArchPro Design Automation has raised $4.5 million in Series B funding from Intel Capital, Entrepia Ventures, and Sage Technology Ventures LLC. Total venture capital investment in ArchPro to date is $5.5 million. ArchPro is a leader in the development of EDA products for solving power management design challenges in IC/SoC designs at 90nm and below.

ArchPro is rapidly moving from product development to widescale customer deployment of its EDA tools for multi-voltage simulation, rule checking, and synthesis that all run in concert with industry-standard design flows, according to ArchPro CEO and chairman, Pratap Reddy. "This funding allows us to aggressively expand our sales and marketing efforts while continuing the development of breakthrough products for low-power design," Reddy said.

Within the past six months ArchPro has launched its first three products and expanded its R&D operations in San Jose and Bangalore. The company also maintains a sales and customer support office in Tokyo.

"The move to finer design geometries will cause designers to address multi-voltage situations up front due to the need to incrementally save power across a large number of transistors," said Shishpal Rawat, director of EDA investments for Intel Capital. "ArchPro's integrated design solutions help engineers design and verify multi-voltage architecture in a well-defined, top-down flow."

"Low-power design is the top issue for IC designers today," said Amit Srivastava, Entrepia's chief investment officer, and ArchPro board member. "This company is doing everything right by building a solid technology foundation, attracting key customers, and strengthening its engineering, field support, and executive management at the perfect time to capitalize on what we believe to be a tremendous opportunity."

About Intel Capital

Intel Capital, Intel's venture capital organization, makes equity investments in innovative technology start ups and companies worldwide. Intel Capital invests in a broad range of companies offering hardware, software and services targeting enterprise, home, mobility, health, consumer Internet and semiconductor manufacturing.

Since 1991, Intel Capital has invested more than US$4 billion in more than 1,000 companies spanning more than 30 countries. During this time, about 160 portfolio companies have been acquired and another 150 have gone public on exchanges around the world. In 2005, Intel Capital invested about US$265 million in about 140 deals with approximately 60 percent of funds invested outside the United States. For more information on Intel Capital and its differentiated advantages, visit

About Entrepia

Entrepia Ventures invests in private, technology-based, expansion-stage companies that stand to benefit from market or technology affiliation with Japan. Operating out of offices in Santa Clara, Montreal and Tokyo, and increasingly recognized as the "go to Japan" fund, Entrepia helps its portfolio companies generate incremental top-line growth to become more competitive, successful and valuable. Anchored on access, relationships, a hands-on approach, and on-the-ground presence, Entrepia's "Japan link" strategy is directed towards investment opportunities worldwide in IT, communications, electronics and core technologies. For more information:

About ArchPro

ArchPro will be a first-time exhibitor at DAC this July, Booth 2014.

ArchPro provides EDA products to meet low-power and multi-voltage design challenges facing 90/65nm SoC designers. Having launched many of the world's first EDA products for power-managed, multi-voltage, low-power design environments that allow for design simulation, verification and implementation prior to silicon spins, ArchPro is paving the way toward reducing cost, risk, and time to market for chip designers. Products support all major complementary IC / SoC design technologies. Privately held ArchPro is based in San Jose, Calif.

Jim Lochmiller, 541-821-3438

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