Thalia DA attracts $2m investment to grow analog IP re-use platforms

Will accelerate customer engagement and expansion into USA; further broaden technology development

CWMBRAN, UK, 4 June 2019 – Thalia Design Automation today announced that it plans significant growth in its worldwide operations, following completion of a $2m (£1.52m) funding round led by Deepbridge Capital and with renewed commitment from the company’s existing investor Development Bank of Wales (formerly Finance Wales).

This latest round of funding will enable accelerated development of Thalia’s Re-use Platform-as-a-Service (RePaaS) solutions for analog IP re-use, design migration and portfolio extension, and aggressive expansion of both commercial and engineering activities in the UK, USA and continental Europe.

“Deepbridge is committed to fostering innovation and growth in businesses with truly disruptive market potential, and we believe that Thalia definitely falls into that category,” said Ray Eugeni, Partner at Deepbridge Capital. “We look forward to helping this globally-focused company fully realize the potential of its unique core technology assets, in markets across the world.”

Commenting on behalf of Thalia, Rodger Sykes, Chairman and CEO, said: “Analog design is one of the toughest challenges in the electronics industry today. I believe Thalia is creating a sea change in this key market, enabling our customers to move to an ‘IP on demand’ model, and offering cost and time schedule savings of up to 50%.”

Dr Carl Griffiths, Fund Manager at the Development Bank of Wales, commented: “Having been involved with Thalia since the early stages of its development, we’re delighted to see the fantastic progress the company has already made in the high value global technology space. Our follow-on investment in this latest funding round demonstrates our strong belief that Thalia has all of the tools to make the most of a massive market opportunity.”

As part of its continuing expansion, Thalia plans to grow its technology development capabilities in the UK and India, as well as establishing a strong presence both in Continental Europe and the USA. The company’s Re-use Platform-as-a-Service (RePaaS) solution combines an innovative methodology, advanced design automation technology and experienced analog engineering resources. It helps analog IP providers to maximize re-use of their existing product portfolio, to create new product variants quickly and easily, and to adapt their designs for manufacture using any semiconductor foundry service.



Read the complete story ...


Review Article Be the first to review this article
Aldec

Featured Video
Latest Blog Posts
Graham BellSilvaco Nanometer Newsbyte
by Graham Bell
230 Power Device Simulations using Silvaco TCAD
Colin WallsEmbedded Software
by Colin Walls
Low power modes
Jobs
Electrical Engineer ‐  ASIC Layout  for SECOND SIGHT MEDICAL PRODUCTS at Sylmar, California
Product Applications Engineer for DiCon Fiberoptics, Inc. at Richmond, California
Nano-Optics Process Engineer for DiCon Fiberoptics, Inc. at Richmond, California
Lead Validation Engineer for Alcon Research, LLC. at Johns Creek, Georgia
Principal Software Engineer (Middleware) for Alcon Research, LLC. at Lake Forest, California
Electrical Engineer for SECOND SIGHT MEDICAL PRODUCTS at Sylmar, California
Upcoming Events
Embedded Systems Conference (ESC) Silicon Valley at San Jose Convention Center San Jose CA - Aug 27 - 29, 2019
Tech Symposium on RISC-V at Hotel Daniel Herzlia Tel Aviv Israel - Sep 5, 2019
PCB West 2019 at santa clara convention center Santa Clara CA - Sep 9 - 12, 2019
SEMICON Taiwan 2019 at TaiNEX Taipei Taiwan - Sep 18 - 20, 2019



Internet Business Systems © 2019 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise