June 10, 2005 — Clear Shape Technologies Inc., a maker of semiconductor design software and technologies, announced it has raised more than $5 million in its second round of venture financing, bringing total funding to more than $10 million.
The funding will be used to help accelerate development and deployment of the company’s software and other technologies, according to a company release. Clear Shape aims to help semiconductor designers increase yield and streamline processes in sub-90 nanometer design.
The round was led by Intel Capital, Intel Corp.’s strategic investment program. KT Venture Group, the investment partner of KLA-Tencor, also participated. Clear Shape raised its first round in 2004 from US Venture Partners, Telos Ventures and AsiaTech Management.