Intel Capital invests in Tela Innovations

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San Jose: Tela Innovations, an early stage technology company focused on addressing the challenges of scaling semiconductor manufacturing to 45nm and beyond, announced that Intel Capital, the global investment arm of Intel Corporation, became a new investor in the company. Intel Capital's investment was part of the company's Series B round, which included new investor AsiaTech Management as well as existing investors. The Series B capital is being used to bring to market Tela's technology for enabling a more efficient and reliable way to design and manufacture next generation chips. Tela publicly unveiled the details of its strategy and technology for the first time this week. "The need for new scaling techniques in the semiconductor manufacturing industry is significant," said Sean Doyle, director at Intel Capital. "Tela Innovations is addressing challenges in semiconductor design and manufacturing for companies working at leading edge process geometries." Tela specifically addresses the limitations of current design and lithography approaches that stand in the way of continued scaling of semiconductor processes. Its approach uses pre-defined physical topologies, applicable for use in logic, embedded memory, analog and I/O functions that when synthesized and routed results in a lithography optimized layout.