Bluespec, a developer of software development tools, has raised $1.5 million in a venture capital deal (according to SEC filings). Four separate investors participated in the offering.

Bluespec is the Synthesizable Modeling Company. With Bluespec, models and testbenches can be synthesized along with legacy IP to employ emulation much earlier for modeling, verification and early software development. Bluespec makes emulation much easier, more affordable, and deployable from concept to volume silicon. Bluespec has raised $17.25 million in three rounds of financing since inception.