PARIS – Sigasi, a Belgian EDA start-up that develops and markets Sigasi HDT, an Intelligent Development Environment (IDE) for VHDL designers, announced it has raised $800.000 in an initial round of financing.
"The plans to use the money are mainly for hiring, marketing and sales," commented Hendrik Eeckhaut, Sigasi's CTO, to EE Times. "We are already selling globally thanks to our web-based sales approach.
For now, we focus on selling and improving our current product, Sigasi HDT."
The round was led by Baekeland Fund II, the venture seed fund of Ghent University, business angels and the management team.
Sigasi (Ghent, Belgium) was founded in January of 2008 by two PhD's from Ghent University. The company was initially financed by seed capital provided by the founders, by subsidies from the Flemish government via the Agency for Innovation through Science and Technology (IWT), and by a mezzanine loan from Flemish Innovation Fund (Vinnof).
Sigasi (Ghent, Belgium) focuses on the development of agile hardware design tools. Sigasi hardware development toolkit (HDT) is aimed at increasing the productivity of VHDL designers by helping them to write, review and reuse their designs in an intuitive way. The development of Sigasi HDT is partly funded by IWT-Vlaanderen.
In a discussion with EE Times, Eeckhaut acknowledged that
IDE actually stands for Integrated Development Environment. He,
however, specified: "we always use Intelligent Development Environment
to emphasize that we
do more than integrating tools."
He further explained: "Sigasi HDT fully understands the design
in terms of VHDL concepts so it can intelligently assist the designer.
This results in less mistakes and better code. It allows the designer
to focus on the design instead of wresting with the design language."
Earlier this year, Sigasi said HDT was available in two versions, as a standalone application and as an Eclipse plugin. A tool license includes the right to use either version, at any time.
"We believe that the Eclipse platform will become even more popular in the future," then stated Philippe Faes, Sigasi's CEO. "Eventually, many customers will want to do all their development within a single Eclipse installation, and bring in the plugins they need for their purposes. Today, Sigasi is ready for this evolution and with the Sigasi VHDL plugin, Eclipse becomes a more attractive and powerful, comprehensible platform for the hardware development world."
Sigasi said HDT has been adopted worldwide, in many industries including consumer electronics, automotive and aerospace.