Tabula, a start-up based in Santa Clara, California, announced $108 million in Series D funding for its 3PLD ABAX programmable logic products.
The company's 3D programmable logic devices are positioned as the next generation beyond FPGAs. The Tabula silicon architecture leverages a "Spacetime" technology that reconfigures on the fly at multi-GHz rates, executing each portion of a design in an automatically defined sequence of steps. Tabula said this enables complex designs using only a small fraction of the resources that would be required by an inherently 2D FPGA. It also delivers significantly higher logic density, memory density and DSP performance. Tabula recently completed the roll-out of its 40nm ABAX family of 3PLDs supported by the Stylus development software.
The financing was led by Crosslink Capital and DAG Ventures. Existing investors, Balderton Capital, Benchmark Capital, Greylock Partners, Integral Capital, and NEA also participated in this round.
"The programmable logic market is seeing tremendous growth driven by the build out of the telecommunications infrastructure. This infrastructure build is necessary to keep pace with the global demand for more bandwidth to support smartphone usage for accessing data and video online." said Dennis Segers, CEO of Tabula. "This funding represents a resounding validation of our breakthrough Spacetime 3D programmable logic technology and a vote of confidence for the Tabula team in its ability to bring about both technological innovation as well as business innovation to customers. We will continue to build on our customer momentum by increasing volume shipments of our ABAX 3PLD product family. With the disruption our Spacetime architecture is bringing to the market, we will take programmable devices where they have never gone before and intend on becoming a global semiconductor market leader."
http://www.tabula.com
- Tabula is headed by Dennis Segers, who previously served as president, CEO, and director of Matrix Semiconductor. Matrix pioneered the design and development of three-dimensional integrated circuits and was acquired by SanDisk in January 2006. The Tabula technical team is headed by Steve Teig, who previously was CTO of Cadence Design Systems. Steve joined Cadence through its acquisition of Simplex Solutions (NSDQ: SPLX), where he was also CTO.
