inSilica raises $18,000,000

inSilica, an emerging supplier of high value — high volume ASIC (application specific integrated circuit) and standard system-on-chip solutions, has announced closure of US$18 million in new financing. mission to provide customized advanced SOCs by using the best in class IP, design methodology, test and development systems. The privately-held company operates out of research and development facilities in the US and in India.