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


Existing investors re-commit as customer traction grows

CWMBRAN, WALES, UK, 16 October 2017 – 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.

Rodger Sykes, Thalia Executive Chairman and Director
Rodger Sykes, Thalia Executive Chairman and Director
“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.”


About Thalia
Thalia is a venture funded technology business with facilities in Cwmbran, Wales, UK, and Hyderabad, India. The company provides analog / mixed signal design solutions for integrated circuit (IC) manufacturers and IP companies, via unique design automation technology and strong value-added services capabilities. The company’s investors include Mercia Fund Managers and Finance Wales: it has also received grant funding from Innovate UK and The Welsh Government.

About Mercia Fund Managers
Mercia Fund Managers provide both equity and debt finance to small businesses based in the UK regions. The Group has more than 400 businesses in its portfolio, a strong record including 11 IPOs and manages in excess of £330.0milllion of third party funds, including Mercia EIS Funds.

  • Mercia Fund Management Limited is authorised and regulated by the FCA under firm reference number 524856
  • Enterprise Ventures Limited is authorised and regulated by the FCA under firm reference number 183363
  • EV Business Loans Limited is authorised and regulated by the FCA under firm reference number 443560

www.merciatech.co.uk

Media Contacts:
Andy Gothard
Thalia Design Automation Limited
+44 (0)1633 647895
andy.gothard@thalia-da.com

Jen Lau
Marketing & PR Executive
Mercia Technologies PLC
+44 (0) 330 223 1430
+44 (0) 794 093 8488
jen.lau@merciatech.co.uk

Have any Question or Comment?

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

::::::::::::::::::::::::::::::::::6733:::::::::::::::::::::::::::::::::;;

:::::::::::::::::::::::::::::925:::::::::::::::::::::::::::::::

TRIO STEEL IS ONE OF THE MOST TRUSTED BRAND AND LEADING EXPORTER AND SUPPLIER OF CARBON STEEL, ALLOY STEEL & STAINLESS STEEL PIPES & PIPE FITTINGS MATERIAL. Triosteel is one of the leading Suppliers and Exporters of API 5L Pipe in Singapore. Triosteel also Exports to many countries like Indonesia, Iran, Saudi Arabia & many more. An API 5L pipe is manufactured by adhering to the specifications laid down by the International Organization for Standardization (ISO) 3183.

2780

buy! buy! CHEAP! Telefonie VoIP CHEAP! buy! buy! CHEAP!

2781

buy! buy! CHEAP! Telefonie VoIP CHEAP! buy! buy! CHEAP!

——————————————–

For the 2012 MLB period, we found an totals forecast Joao’s Renowned Over/Under João Zorro Gonçalves, Zcode Totals Pro, System of the time with progressions that have been successful over 98 98% ... We eventually perfected our over/under program ( Zcodesystemexclusive ), although it h-AS has brought years of investigation. Five Steps to Making a Winning MLB Method: 1. Execute appropriate cash management tools. 2. MLB rules that are comprehend. 3.Extensive testing back to make sure successful longterm results ...

——————————————–

There is always a challenge when you're dealing with the Foreign Exchange Market. That's just the nature of the beast. The best thing you can do is to learn about how the market operates as a whole so that you will be ready to meet these challenges. iq option penipu Never be misled by any profit gains in binary options. This is the number-one way traders end up losing their money and ultimately failing. Remember that the same things that make you laugh can make you cry in this market, and you can lose that $700.

——————————————–

Learning Polish has never been this fun and easy as with our podcasts Learn Polish with Polishpod101 Start today and become conversational in Polish in no time

——————————————–

The Best Website Agen Poker Resmi www.sakupoker.com Terpercaya come join

——————————————–

Do you need edmonton phone systems service ? Call complete communications today!

——————————————–

High-tech solutions for easy start-up of your IPTV/OTT-business

——————————————–

——————————————–

If you want to purchase not only one item, you have a chance to enjoy privileges. There is a sale’ tab on the site which offers a fantastic range of reduced counterfeit watches and accessories, such as sunglasses, cufflinks, watch straps and pens. Luxury Jewelry Replica At MCA.MN On Sale You get a 5% discount if you buy two pieces, this discount increases to 10% if you buy 4 pieces or more. There is free international shipping on all orders on this site. We also offer customers a free return anytime with a 100% money back guarantee.

——————————————–