Teseda Corporation Adds KT Venture Group,
LLC to Investors
PORTLAND, Oregon ─ May 14, 2008 ─ Teseda Corporation,
a leading silicon validation and failure analysis company,
has closed a new investment round. This most recent round featured
the addition of strategic investor KT Venture Group, LLC, the
investment partner of KLA-Tencor Corporation (NASDAQ: KLAC). Existing
investors PacRim Venture Partners and SmartForest Ventures
also participated in this round. The new funds will be used to grow
the field organization and accelerate deployment of the Diagnostic Manager
Series of yield-enhancing tools.
"Teseda Corporation has a strong value proposition for their customers," said
Stefano Concina, general partner at KT Venture Group. "Their Silicon Debug
and Diagnostic technology is in alignment with KLA-Tencor’s strategy to address
design-dependent manufacturing, inspection and yield issues."
"We are pleased to have KT Ventures join our investment partners," said
Armagan Akar, CEO of Teseda. "Our products are seeing increased acceptance
in leading semiconductor companies and we are very excited to be working with
KLA-Tencor to align our products to tackle yield-limiting issues. KLA-Tencor’s
strong connection into the manufacturing world will benefit Teseda’s customers
for 45nm and sub-45nm technologies."
About Teseda Corporation
Teseda’s products allow its customers to speed silicon debug, manufacturing ramp,
failure analysis, and yield learning. The cross-functional, unifying solutions
allow Teseda’s customers to achieve Rapid Silicon Validation (Time to Market),
Rapid Defect Analysis (Time to Volume) and Yield Assurance (Continued Volume). Teseda
is headquartered in Portland, Oregon. For more information about Teseda,
its products and distribution network, see our contact
information here.
About KT Venture Group
Formed in 2000, KT Venture Group, LLC is the investment partner of KLA-Tencor
Corporation (NASDAQ: KLAC) and is chartered with exploring
and investing in early-stage, start-up companies in the electronics industry.
KT Venture Group targets industries that complement KLA-Tencor’s line of products
and services, including the semiconductor, reticle, wafer manufacturing,
data storage and electronic design automation (EDA) markets.
In addition, the KT Venture Group seeks to pursue other emerging electronics
markets in which KLA-Tencor’s technology and expertise can provide unique value.
Further information on KT Venture Group can be found at: www.KTVentureGroup.com
Media Contact:
Teseda
Joan Frazer
503-245-3104
joan@nlmarketing.com |
