The technology came out of the PICO (which stands for Program in, Chip out) project at Hewlett-Packard Labs, which devoted 50 engineering years of research to the problem. In Jan. 2003, the seven members of the PICO team spun out of H-P as Synfora, licensing from H-P all of the patents and source code from the PICO project.
PICO is a system of tools and IP that creates application engines from sequential untimed C algorithms, and designed for audio, video, imaging, wireless, and security applications. They also had a version of the tools that targeted FPGA technologies.
Raised $6M in VC.
