Connect with us
Finance Digest is a leading online platform for finance and business news, providing insights on banking, finance, technology, investing,trading, insurance, fintech, and more. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

NEWS

Thalia DA attracts fresh investment as semiconductor industry recognises the analog IP reuse challenge

Published On :

Existing investors re-commit as customer traction grows

Thalia Design Automation today announced the completion of a $865k (£640k) funding round that will allow it to drive market uptake of its innovative methodology solutions for analog IP (intellectual property) re-use, design migration and derivative creation. With renewed commitments from the company’s existing investors, Mercia Fund Managers and Finance Wales, this latest funding round is a recognition of significant customer traction achieved by Thalia within the last 18 months, and the strong future potential of its offerings in the analog design and IP space.

Tim Hazell Investment Director Mercia Fund Managers

Tim Hazell Investment Director Mercia Fund Managers

“This new investment is a strong endorsement of our market strategy,” said Rodger Sykes, Thalia Executive Chairman and Director. “Analog IP re-use is one of the biggest challenges facing the electronics industry today, and customers tell us that our approach, blending advanced design automation tools and methodology with experienced, expert design resources, really provides them with a competitive edge for reduced cost and time to market.”

Thalia will use this latest round of investment to continue building its customer engagement base and increase its expert team of analog IC developers. The company provides RF, analog and mixed-signal technology transfer, derivative and IP creation solutions, based on a unique combination of design automation technology, methodology and design know-how. Its customers include integrated circuit (IC) manufacturers and IP houses looking to quickly and cost-effectively diversify their product range, and leverage the most appropriate semiconductor manufacturing technologies.

“Our customers report schedule, cost and resource savings of up to 50% – not to mention the ability to re-focus internal teams on new development programs, where they can add most value,” added Sowmyan Rajagopalan, Thalia Founder, CEO and CTO. “Our message to IP providers is that analog design doesn’t have to be a black art – there are technologies and design resources out there that can help with re-use and product diversification, every bit as powerful as those available in the digital design space.”

Tim Hazell, Investment Director at Mercia Fund Managers, said: “Thalia has the opportunity to establish a leading position in automating the design of analog and mixed signal integrated circuits. It’s an exciting growth area, and we are delighted to continue our support of Thalia and its further development.”

Dr Carl Griffiths, Fund Manager with Finance Wales, commented: “Innovative technology ventures like Thalia are among our prime targets for investment. Thalia’s increasing traction in the high value global technology space and robust business model have put them in a strong position – we’re delighted to be able to renew our commitment to the company.”

Continue Reading

Recent Posts