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May 03, 2006
Testing The Real-Timing
German startup, Symtavision, whose software tests the performance of real-time systems found in mobilephones and automobiles, has raised a seed round €0.5M from the HighTech Gruenderfonds, a fund that was set up by the State to back the very early stage for university spinoffs.
Symtavision, which was founded in May 2005, is a spin-off from the Technical University of Braunschweig, has had quite a bit of coverage in the German press because its software is being touted as being able to prevent expensive auto industry recalls due to electronics defects, and as enabling getting electronic products timely market entries.
If Symptavision's founders get it right, they just might find BMW, Volkswagen, and Daimler Chrysler knocking on the door. Apparently, the firm has already signed up Samsung's mobilephone unit.
Read - Braunschweiger Symtavision GmbH erhält Beteiligungsfinanzierung vom High-Tech Gründerfonds
Posted on May 3, 2006 12:48 PM | Posted to Software | Venture Capital | Permalink
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