In addition to offering a compelling technology, Tabula also boasts a an experienced management team. Tieg, who founded the company, is considered a pioneer in EDA and was the CTO at Cadence Design Systems Inc. and three other firms. Segers is 33-year veteran of the semiconductor industry who was CEO of Matrix Semiconductor Inc. and a long-time executive and later board member at Xilinx. Several other Tabula executives, including Vice President of Hardware Development Matt Crowley, Vice President of Manufacturing Technology Daniel Griffin, Vice President of Software Development Rajeev Jayaramen, Vice President of Marketing Alain Bismith and Vice President of Sales Steven Haynes, also have impressive resumes, many with Xilinx or Altera.
Given the experience of Tabula's management team, Wawrzyniak said the company could have the direction to steer clear of the traps that have befallen many of its predecessors. "They know those pitfalls very well," he said. "I expect them to be able to navigate around them."
Tabula plans to initially target the market for high-end programmable logic devices (PLDs). But the company foresees broader applications for its technology and thinks it could eventually be a market leader in programmable logic. "We think we have what it takes to make that happen," Segers said. He added, "I think we can take PLDs into markets that FPGAs can't penetrate."
"We have every intention of penetrating a wide variety of markets," Tieg said.
Tieg founded Tabula in 2003. The company has more than 100 employees and has raised some $106 million in venture capital backing. The company has filed for some 150 patents, more than 80 of which have been granted, according to company executives.