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Physware launches with $2.5 Mn Series A Funding

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Washington: Dr. Vikram Jandhyala founded Physware, a provider of high-frequency package and board-level electrical modeling and design, has announced a $2.5 million round of funding in series A. Madrona Venture Group and WRF Capital have collectively participated in the funding.

"This funding represents a tremendous vote of confidence in Physware's revolutionary technology, which originated at the Applied Computational Engineering (ACE) lab at the University of Washington (UW)," said Jandhyala.

"What excited us most about Physware is that its technology is not just a little bit better, a little bit faster," said Greg Gottesman, Managing Director, Madrona.

Headquartered in Washington, the company?s new physics-aware technology enables improved productivity and efficiency at every step of the design cycle, reducing time to market. The new accelerated technology delivers unprecedented capacity, handling in package and board simulations faster than current methodologies.

Gottesman and fellow Madrona Managing Director Tom Alberg sit on the board with Physware Chairman and CEO Dr. Jandhyala and Physware president and COO, Bala Vishwanath.

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