By Allan Maurer
RESEARCH TRIANGLE PARK, NC – siXis Inc., a company developing advanced Silicon Circuit Board technology, has raised $3 million of financing from its investors.
The company’s existing investors, RTI International and venture capital firm Intersouth Partners, both participated in the round of financing.
siXis raised $5 million in June 2008. CEO John Goehrke (pronounced gerkee), tels TechJournal South the company will likely look for a B round in the second half of 2010.
The 15 employee company is about to hire a new engineer and expects to hire additional staff in next year.
Goehrke says it has also outgrown its current space and is moving to new offices in Perimeter Park in early December.
The company says its embedded computing modules enable smaller, higher performing, scalable and lighter electronics that use less power.
The investment will be used to support ongoing product development. The company recently announced the launch of the SX2000 Reconfigurable Computing Platform, a scalable, high-performance platform designed to streamline and accelerate data-intensive applications.
The company’s SiCB technology platform allows bare die integrated circuits to be densely populated onto a large area silicon substrate, replacing the current method of putting packaged die onto a conventional printed circuit board.
As compared to these traditional electronic assemblies, this breakthrough platform allows a smaller overall system to deliver higher functionality and performance with reduced power requirements, due to fewer signal discontinuities and shorter traces between die.
Goehrke says the company is currently marketing products on a targeted basis, and plans to introduce its embedded module products, which combine memory, cpus, and other components in smaller, lighter, higher performing packages, at the at SC09, an international conference for high-performance computing, networking, storage and analysis in Portland, Oregon from November 14-20.
The company, created with technology developed at RTI International, received CED’s 2008 Entrepreneurial Excellence Spin-Out of the Year Award while still named Beeco, and is a winner of TechJournal South’s 2009 Tech 50 award.
Online: www.sixisinc.com
© 2009, TechJournal South. All rights reserved.
