Posts tagged as:

electronics

Avere Systems Raises $15M in First Round Funding

by Jason Mosley on September 14, 2009

in Headlines

avere-systems-logoPittsburgh Startup Avere Systems recently raked in 15 million dollars of first round funding to launch their network-attached storage (NAS) technology. There plan is to announce their new product in October.

If you are hoping I know what this new NAS is, or how it’s different from the competition you’re out of luck. Like most startups there keeping the details hush-hush, but I can tell you what little I do know.

NAS is nothing new and it’s even starting to make its way in to the home. Acer and HP both have consumer model NAS on the market.

Avers Systems seems to be focusing on business applications for NAS technology. Since it’s something businesses can’t live without it a market with high demand. Another factor that might help them is, with shrinking budgets businesses will be looking at other options for the storage needs.

They believe they will have the advantage since they can make them run faster at a cheaper price than anyone else on the market. I am not sure how they plan to do that but I am going to take their word for it.

If they can really master the art of creating a top performing product at a cheaper price they could have something big on their hands. Household consumers are just now starting to see the value of NAS; this could be a market Avere might want to keep an eye on.

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DesignAdvance Creates Innovative Electronic Design Software

by Jason Mosley on February 6, 2009

in Headlines

designadvanceDesignAdvance Systems Inc. is a Pittsburgh company that develops electronic design software for designing electrical and mechanical products. They are known as one of the leading developers of EDA and MCAD design automation software solutions. Their flagship product, CircuitSpace, delivers user-assisted automation to the current manual process of PCB component placement. In a world where time means money, this reduces costs and allows them to take products to market sooner.

Last month they announced a new product called CircuitPlan, a concept level planning tool. Here is what they have to say about it.

“Our customers have been actively deploying our solutions [CircuitSpace and CircuitProbe] throughout their PCB design process,” stated Mr. Edward Pupa, DesignAdvance CEO. “Now with CircuitPlan, we provide PCB Designers, hardware engineers, test engineers and manufacturing engineers with solutions and an advanced methodology for planning, physical design, review / verification,” continued Mr. Pupa.

CircuitPlan will be available in February 2009, pricing starts at $3,990.

If you have any insight on DesignAdvance or their products please share via a comment. This is one industry that I am not familiar with, but as I am learning about it I find it very interesting.

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