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February 21, 2007
Scottish Ateeda Seed-Financed With Peter Denyer As Co-founder
Edinburgh, Scotland-based Ateeda, a semiconductor testing solutions vendor, has secured seed funding to target mixed-signal integrated device manufacturers (IDMs) with its tech.
The company's co-founder and non-executive chairman is Peter Denyer who is well-known in the semiconductor venture market as having an eye for promising startups. He was founder and CEO of CMOS imaging chipmaker Vision Group, which went public in the mid-nineties and was acquired by ST Microelectronics in 1999 and he has been invovled with several promising startups coming out of Scotland (something we learned at the Scottish Tech Tour last year - see our report below).
Other Ateeda funders include the Scottish Seed Fund which is managed by Scottish Enterprise, Scottish Equity Partners, and the University of Strathclyde (one of your a:c euro correspondent's alma maters).
Ateeda was founded in 2006 and is specialized testing mixed signal devices, the "fastest growing" area of the semiconductor industry, according to CEO and co-founder David Hamilton. Its tech is patented and enables chipmakers to use the same equipment to test digital and analog sections of a semiconductor.
It also has Jane Karwoski McCracken as non-executive director. She has a background in startups of all kinds, from life science to online travel and games development. We're not sure if she is also an investor in the seed round.
View Ateeda site
Read - Silicon Valley VC Invests in Scottish (a:c euro)
Posted on February 21, 2007 06:16 AM | Posted to News And Updates | Permalink
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