YOGITECH Raises $1.5M
YOGITECH SpA, a Pisa, Italy based Mixed-Signal System-on-Chip design&verification solutions provider, has raised $1.5m in funding.
The company intends to use the funds to further develop its technology, strengthening the engineering part, and expand its sales and marketing efforts.
Founded in 2000 and led by CEO Silvano Motto, YOGITECH specializes in the development of hardware and software solutions to guarantee functional safety of electronic systems for safety critical applications, such as power steering, braking systems, airbag and other active and passive safety systems for automotive, industrial automation, railways, and medical devices.
Yogitech developed a design methodology and a set of products that allow the development of electronic systems fully compliant to functional safety standards, with a strong competitive advantage in terms of cost and performance with respect to alternative technologies.
Customers include Toshiba, Renesas Electronics and Texas Instruments.