Austin, TX.-Based Pyxis Technology Achieves Funding Milestone

Pyxis Technology, Inc., a Austin, TX.-based company that delivers software solutions for the physical design and routing of custom and system-on-chip (SoC) integrated circuits (ICs), received the second tranche of cash from its latest $3m funding round.

The financing is provided by investors Austin Ventures, CMEA Ventures, Formative Ventures and KT Venture Group.

Commenting on the achievement, Phil Bishop, CEO of Pyxis, said: “This funding milestone recognizes both the technical progress of Pyxis and the business growth potential shown in custom design”.

FinSMEs

30/09/2009

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