CSE Spinout Places 6th in Rice University Business Plan Competition   Bookmark and Share


Competition participants Matthew Neagle, Vimal Bhalodia, Douglas Li, Zaher Andraus

Reveal Design Automation, a start-up founded by Prof. Karem Sakallah and his former students Zaher Andraus and Mark Liffiton, recently placed 6th out of 42 in the 2010 Rice University Business Plan Competition. Participating in the competition were Zaher Andraus, EECS Graduate Student Instructor Douglas Lee, and Ross School of Business students Matthew Neagle and Vimal Bhalodia.

You can view Reveal's one-minute elevator pitch from the competition and finalist presentation in these videos. Competition results were announced in this press release from Rice Alliance for Technology and Entrepreneurship.

The Rice University Business Plan Competition has become the premier intercollegiate business plan competition in the world. The RBPC gives away the most money, has the largest judging panel, and is the best executed competition. The three-day event is intended to simulate the real-world process of entrepreneurs soliciting start-up funds from early-stage investors and venture capital firms. The Competition is hosted by the Rice Alliance for Technology and Entrepreneurship and Jesse H. Jones Graduate School of Business at Rice University.

Reveal Design Automation designs and sells an automated software solution for performing scalable and comprehensive verification of digital logic designs to key customers in the IC design industry. Verification currently consumes more than half the effort and cost of a modern chip design cycle. Through its proprietary technology based on research done at the University of Michigan, Reveal software tools will reduce the amount of effort that goes into verification while facilitating more robust designs with significantly fewer bugs at each stage of the design cycle.

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Posted: May 14, 2010