January 27, 2025 - 10:36
Baya Systems, a prominent player in system IP technology that enhances intelligent computing, has successfully raised over $36 million in a Series B funding round. This investment was spearheaded by Maverick Silicon and includes a strategic contribution from Synopsys. Existing investors, including Matrix Partners and Intel Capital, also participated in this funding round, demonstrating their continued confidence in the company's vision and potential.
The capital raised will be instrumental in driving operational growth and will significantly accelerate the development and deployment of Baya Systems' innovative software-driven system IP technology. This technology is crucial for advancing system-on-chip (SoC) designs and is poised to play a vital role in the burgeoning chiplet economy. As the demand for efficient and scalable computing solutions continues to rise, Baya Systems is well-positioned to lead the way in delivering cutting-edge technology that meets the needs of modern applications.
