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Bristol software developer takes £1m in new funding

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Northstar contributed £700,000 to the round, which has gone towards the opening of Pulsic’s research and development centre in Newcastle. The remaining £300,000 came from existing backers Prime Technology Ventures and Index Ventures.

Pulsic products include hierarchical floorplanning, detailed placement, automatic routing and interactive editing.

The company was founded in 2000 and has offices in the US and Japan. Four of its co-founders hold key positions on the five-man management board.

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