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ACQUIRED COMPANY
 
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Axis Systems  Acquired by Verisity (2003 $ 80,000,000)

209 Java Drive
Sunnyvale, CA 94089
USA
(408)-588-2000
Website Company Summary Management Team
Management

CEO: Mike Tsai
Finance: Alan Cryon
Technology: Keith Howard (2004); Phil Tseng; Sharon Lin
Sales/Marketing: Veronica Watson
Not listed on the website: (May no longer be at the company) John Stressing*;  Steven Wang*
Former Employees: Gary Kiaski Mark Voll Ron Burns Yukari Chin
Board

Outside board: (May no longer be on the board) Jerry L. Fiddler (Wind River Systems) Daniel A. Gaudreau (Actuate CFO) Harvey C. Jones (Tensilica co- Founder);  Walter G. Kortschak (Summit Partners) Seungjin Whang (Stanford University Professor)
Advisory board: Wu-Fu Chen (Shasta Networks)
Company

Business description: Axis Systems, Inc. offers high-performance verification systems for the hardware and software development of complex electronic system and system-on-a-chip designs. Axis' products help increase confidence in new designs, improve overall verification productivity and shorten time to market. On a single system and with one design database, Axis' patented ReConfigurable Computing (RCC) technology provides software simulation, accelerated simulation, system emulation and hardware/software co-verification.
Customers include: BroadcomCienaCisco SystemsFujitsuHifnHitachi, Ltd.IBMNortel NetworksPhilipsSamsungSony ElectronicsSun MicrosystemsTexas InstrumentsToshibaTviaVirata;  GlobeSpan;  Hughes Network Systems;  Micronas;  Micronas;  Toppan Technical Design Center
Partners include: AlteraARMAxisCadence Design SystemsDenali SoftwareForte Design SystemsLexraMentor GraphicsRational SoftwareSun MicrosystemsSynopsysSynplicityVerisityWind River SystemsXilinx;  0-In Design Systems;  Accelera;  Davan;  EDAD;  Globetrotte;  Interra;  Macrocad;  Model Technology;  Novas;  Novis;  Platform;  Summitt;  SystemVerilog;  Yokogawa
Capital

Rounds: 3
Recent Fundings:    Nov 2001
Capital raised: 17.5M
Ownership: Acquired by Verisity (2003 $ 80,000,000)
VCs include: Acorn Ventures
Angels/other VCs: Daniel A. Gaudreau (Actuate)

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Overview
Record updated: Dec 2003
Sector: Software
Year Founded: 2000
Rounds: 3
Recent Fundings:    Nov 2001
Capital Raised: 17.5M
Ownership: Acquired by Verisity (2003 $ 80,000,000)