Nimbic, a Mountain View, Calif.-based provider of SaaS-based, cloud-computing electronic design automation (EDA) solutions, raised $6.9m in venture funding.
Investors include new backer Austral Capital, and existing shareholders Madrona Venture Group and WRF Capital.
The company intends to use the funding to accelerate the deployment of its software.
Led by CEO Raul Camposano, Nimbic enables high-speed and high-capacity 3D electromagnetic signal integrity, power integrity and EMI analysis field solutions for semiconductor, wireless and memory companies.
Customers include Texas Instruments, Renesas, Toshiba, Tabula and Panasonic.