Vinci, which makes software used to simulate elements of chip and other hardware design, raised $250M at a $1.5B valuation (Max A. Cherney/Reuters)

Max A. Cherney / Reuters:
Vinci, which makes software used to simulate elements of chip and other hardware design, raised $250M at a $1.5B valuation  —  Software startup Vinci said on Tuesday it raised $250 million at a $1.5 billion valuation and is seeking to expand its suite of software used to simulate elements of chip and other hardware design.