Pyxis Technology Receives Fresh Funding

Austin, Texas-based Pyxis Technology, Inc., a provider of software solutions for the physical design and routing of custom and system-on-chip, or “SoC,” integrated circuits, or “ICs,” has reportedly received the second tranche of cash from its latest $3 million funding round.

 

The financing is provided by investors Austin Ventures, CMEA Ventures, Formative Ventures and KT (News - Alert) Venture Group. The fresh funding is indicative of Pyxis’ enhanced business partnerships and the healthy growth of its business with mixed-signal and analog IC developers. The funding is also recognition of the company’s successful launch of the NexusRoute-HPC custom design product.

 

“With custom layout now taking over as much as 25% of chip area, routing and chip finishing has become the gating factor delaying the release of multi-million dollar designs,” Phil Bishop, CEO of Pyxis, said.

 

Delivering faster routing speed, the Pyxis NexusRoute-HPC product is also used for high-performance custom designs. The solution also provides powerful all-level hierarchical routing without abstracts, resulting in streamlining of custom IC designs. NexusRoute-HPC provides assisted, automated hierarchical routing, design rule checking, interactive analog constraints, matching pair routing, and resistance and capacitance analysis and optimization, thereby reducing custom design time from weeks to hours.

 

“This funding milestone recognizes both the technical progress of Pyxis and the business growth potential shown in custom design,” Bishop said. “The NexusRoute-HPC technology is the industry leading routing solution for a growing list of custom IC customers and partners worldwide.”

 

All NexusRoutetechnology is based on open, industry-standard interfaces and has been integrated into existing industry leading custom and SoC design flows. Pyxis’ products have been used by leading electronics original equipment manufacturers and five major tapeouts have been achieved already.

 

Another achievement for Pyxis that came last year was a new custom layout solution that optimizes the routing of advanced analog and mixed-signal designs.