Tela Innovations Inc. (Los Gatos, Calif.) was founded in 2005 and started by working with Qualcomm on computational lithography with a view to the extraction of multi mask information for the double patterning era.
Tela's technology is delivered as physical design representation applied to standard cell logic and embedded SRAM, analog and I/O that can result in area savings and reduced leakage current. The company offers gate-length trade-offs for power, performance and area within its libraries. Tela has also specialized in working with customers' IP development teams to get the technology into production.
In February 2009 Tela acquired Blaze DFM, which added PowerTrim to its technology as well as a relationship with Taiwan Semiconductor Manufacturing Co. Ltd. which bore fruit in 2010.
The company has been fairly quiet since then but did say mid-2012 that it is ready with libraries for the 32/28-nm and 22/20-nm process nodes. The company's investors provide reasons to watch the company. They include: Intel Capital, Cadence Design Systems Inc., KT Venture Group LLC (the investment partner of KLA-Tencor Corp.) and Qualcomm Inc. The fact that the company appointed an intellectual property legal counsel in 2012 is another reason to be watchful.
Each year, the temperature of NYCís start-up scene seems to get turned up another five degrees, with 2013 yielding by far the largest number and widest spectrum of companies. I think http://www.gfa.si is the most prominent company among all of those in list.
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I would strongly recommend, based on experience on both sides, that the advice notice to be read state that the most risky investment are where external shareholder have less than 50% of the voting rights and/or there are any loans from controlling directors however small (for they can put the company into receivership by calling in the websites like http://britainloans.co.uk/ and refusing as directors to pay and then simultaneously asset strip to their benefit).
Piyush, I appreciate the follow up. The link above went to a Kanji-font website so I reposted it below thru Google translate:
The TAM for MEMS may increase this year but we are already seeing rumblings about component price increases in 2013. I don't know how this is going to manifest itself...
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