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Product category: Programmable Logic Devices
News Release from: Anadigm
Edited by the Electronicstalk Editorial Team on 08 October 2003

Investors support programmable analogue
expansion

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Programmable analogue specialist Anadigm has just closed a new round of financing worth $15 million.

Programmable analogue specialist Anadigm has just closed a new round of financing worth $15 million This C round of funding, led by Atlas Venture with ongoing investment from 3i, Quester and NIF Ventures, points to Anadigm's success in winning market acceptance for its field programmable analogue array (FPAA) integrated circuits, which offer an analogue equivalent to the digital field programmable gate array (FPGA)

Anadigm was founded in January 2000 as a spinoff from Motorola.

More than 140 customers are designing Anadigm FPAA technology into their products to provide complex filtering, signal conditioning, and closed loop control functions in consumer audio, industrial and communications systems.

The company's product offering combines programmable silicon with easy-to-use software tools that drastically reduce the time needed to design, verify, and bring to market embedded systems with analogue interfaces.

Anadigm's FPAAs are moreover the industry's first such chips that can adapt on the fly to perform multiple functions, adjust to different environmental and electrical conditions, or compensate for equipment aging.

"Anadigm offers one of the few analogue technologies that is both innovative and disruptive", said Gerry Montanus, Senior Principal at Atlas Venture.

"The recent launch of the company's Anadigmvortex product line has brought the company industry-wide attention, and demonstrates the market's readiness for a technology that will reduce the cost of analogue circuit design, manufacturing, and innovation.

Real-world interfaces are essential to a very wide range of electronic systems, and we are delighted to be part of Anadigm's ambitious project of revolutionising the way they are conceptualised and implemented".

The funding will be used to continue to expand Anadigm's business in all geographical markets and support ongoing product development activities.

The investment will also support additional enhancements to the software used to program the company's Anadigmvortex FPAAs, which remove the complexity from analogue design and reduce the time for analogue implementations from months to minutes.

"We are excited to be moving forward with the support of these leading venture capital firms.

3i and Quester have been very supportive of the business and were instrumental in bringing in Atlas Venture", said Bill McLean, Anadigm President and CEO.

"Our FPAA solutions continue to gain traction in the marketplace and customer engagements are validating our technology's value-add.

The investment will allow us to implement the next stage of our product strategy and to further penetrate our target markets".

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