Spintop Ventures invests in Teklatech to fuel US growth

November 27, 2015 -- Swedish VC Spintop Ventures has invested in Teklatech to fuel the company’s current growth in the US market.“During 2015, Teklatech has achieved significant break-throughs with our FloorDirector® solution,” says Dr. Tobias Bjerregaard, CEO and Founder of Teklatech. “Our patented technology and approach to reduce on-chip SoC Dynamic Voltage Drop and in-rush current is clearly resonating with our leading-edge customers on 16nm and beyond. Dynamic power integrity is a problem which is getting worse with each process node, and FloorDirector is the only EDA solution that can address this challenging problem effectively.

We want to exploit our current momentum, and Spintop invests at the perfect time to fuel Teklatech’s 2016 growth in the US market. Spintop is an experienced VC and well-connected within the EDA industry. So they understand the finer details of the business, we are in. It is both great timing, and a good match”.

About Spintop Ventures
Spintop Ventures is a venture firm investing in early-stage Nordic technology companies, supported by an active network of successful technology sector entrepreneurs. For more information, please visit www.spintopventures.com.

Contact:
Email Contact
phone +46-705-11 65 74

About Teklatech
Teklatech provides EDA software solutions to optimize and reduce SoC Dynamic Voltage Drop and in-rush current at the Place & Route design stage. Teklatech is focused on helping customers meet the demand of next-generation semiconductor products. Teklatech’s technologies enable companies to achieve faster convergence during physical implementation, eliminate costly silicon re-spins and achieve much improved time-to-market of more profitable products.
Teklatech is a privately held EDA company with offices in Copenhagen, Denmark and Santa Clara, CA, and with commercial and technical representatives in USA, Taiwan, China and Europe. More details at www.teklatech.com.

Teklatech LLC
5201 Great America Pkwy, Suite 320
CA 95054 Santa Clara
United States

Teklatech A/S
Prinsesse Maries Alle 17
DK-1908 Frederiksberg C
Denmark

Contact:
christian.petersen@teklatech.com

phone +45 25408213



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