CircuitSutra Raises Funding From SIDBI SAS Date:   Wednesday , March 03, 2010 Noida-based software services company CircuitSutra Technologies, an incubatee company of Amity Innovation Incubator (AII) has raised Rs 90 lakh from SIDBI SAS, the risk capital fund of Small Industries Development Bank of India (SIDBI) for MSMEs (Micro, Small and Medium Enterprises). The investment has been made through equity and optionally convertible debentures. Umesh Sisodia, CEO, CircuitSutra spoke about how he plans to use the fund, “The fund will be mainly used to strengthen the technical leadership in SoC modeling domain and for sales and marketing.” Among the company’s immediate goals are to expand into the embedded semiconductor software services and outsourced EDA tool development. CircuitSutra was founded in 2005 and offers technology in chip designing and automation in a simulated environment.