Thalia DA raises second round for analogue and power design tool
“This new investment is a strong endorsement of our market strategy,” said Rodger Sykes, Executive Chairman of Thalia. “Analogue 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 get more customers and increase its team of analogue IC developers. The company provides RF, analogue and mixed-signal technology transfer, derivative and IP creation solutions, based on a combination of design automation technology, new routing algorithms and design expertise. Customers include integrated circuit (IC) manufacturers and IP houses and the funding comes after “signficant traction” in the last 18 months. Typical projects in clude phase locked loops and voltage contorlled oscillators operimised for low power operation.
“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,” said Sowmyan Rajagopalan, Thalia Founder, CEO and CTO. “Our message to IP providers is that analogue 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.”
“Thalia has the opportunity to establish a leading position in automating the design of analogue and mixed signal integrated circuits. It’s an exciting growth area,” said Tim Hazell, Investment Director at Mercia Fund Managers.
Thalia has offices in Cwmbran, Wales, and Hyderabad, India, and has also received grant funding from Innovate UK and The Welsh Government in 2014.
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