Codasip began operations as a spin-out from the Brno University of Technology/Faculty of Information Technology in 2014 based on 10 years of research. After an initial funding round with Credo Ventures, Codasip completed a series A round with Ventech Capital, Western Digital, Shenzhen Capital Group, and Paua Ventures.

Today, Codasip is a leading supplier of processing solutions for IC designers, offering solutions based on open standards such as the RISC-V ISA, LLVM & UVM. Codasip is a founding member of the RISC-V Foundation and was the first company to offer a commercial RISC-V IP core in 2015. RISC-V enables you to take advantage of a standard base instruction set for software portability, yet a choice of standard or custom extensions to enhance computational performance.