Another FPGA startup met the fate of so many others: Abound Logic is reported to have shut down this week, Wednesday June 2nd, 2010.
Abound logic, previously known as M2000, was founded by three EDA veterans who had previously started Meta Systems. Meta Systems developed the industry’s first emulation system based on custom FPGAs, which was to become the basis for the Abound Logic device after Meta Systems was acquired by Mentor Graphics in May 1996.
Abound logic’s device, the Raptor FPGA, offered in 65nm technology the capacity of 774k CLBs, each containing a 4-input LUT. This made the Raptor the largest FPGA on the market at a time.
Abound logic was in discussions to close another financing round, estimated around $20M, but one of the main tentatively new investor pulled out, which put to rest the last investment opportunities.