Simulator not running after upgrading to Sierra (Mac OS 10.12)

After upgrading to Mac OS Sierra (10.12) I'm finding that the Simulator doesn't run. I can see the icon briefly appear before it then disappears. In Eclipse I get the below output:

Attempt 1 to connect to simulator...
Attempt 1 to connect to simulator...
Attempt 1 to connect to simulator...
Attempt 1 to connect to simulator...
Attempt 2 to connect to simulator...
Attempt 2 to connect to simulator...
Attempt 2 to connect to simulator...
Attempt 2 to connect to simulator...
Attempt 3 to connect to simulator...
Attempt 3 to connect to simulator...
Attempt 3 to connect to simulator...
Attempt 3 to connect to simulator...
Attempt 4 to connect to simulator...
Attempt 4 to connect to simulator...
Attempt 4 to connect to simulator...
Attempt 4 to connect to simulator...
Attempt 5 to connect to simulator...
Attempt 5 to connect to simulator...
Attempt 5 to connect to simulator...
Attempt 5 to connect to simulator...
Couldn't connect to simulator.


In the apple console logs I see this message:

Sep 21 21:12:16 macbookpro com.apple.xpc.launchd[1] (com.garmin.connectiq.simulator.1316[2432]): Service exited with abnormal code: 255


Anyone else experiencing this?