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1999
Company Description
Analog Design Automation created tools for optimizing analog circuits. It was acquired in 2004.
ADA made tools for large-scale optimization of analog integrated circuits. It was founded in 1999 in Saskatoon, Canada by 6 engineers from the University of Saskatchewan. In May 1999, ADA received a $100,000 R&D grant from the National Research Council. In July 1999, ADA raised $500,000 in a seed round from Jim Hutch, John Montgomery, Ravi Maithel, Joe Vidal, Jerome Konecsni, and Mark Lemmerick. In Nov. 2000, ADA received $8 million in Series A funding from High Street Partners, Intel Capital, Royal Bank Capital Partners, and Synopsys. The Business Development Bank of Canada led ADA's Jan. 2003 Series B round, which also pulled in $8 million. The round included previous investors Royal Bank Capital Partners, Synopsys, High Street Partners, and Intel Capital. http://www.insidechips.com/public/4260print.cfm It was acquired by Synopsys Inc in 2004. http://www.eetimes.com/document.asp?doc_id=1217489
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Manufacturer:
Software -
Formed:
1999 -
Founders:
Glen Hertz -
Company Website:
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Company E-mail:
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Company Address:
700 East Middlefield RoadMountain View, CAUnited States -
CEO:
- Glen Hertz
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