Integrated Circuit Designs (ICD) completes $2M round of private funding

(PRWEB) November 2, 2004 -- Integrated Circuit Designs, Inc. (ICD) today announced the completion of a $2M round of private funding. ICD will use the funds to expand in the analog, RF, mixed-signal and power management design services and IP markets.

“The completion of this round of financing marks the beginning of a new and exciting era at ICD, putting in place the resources to continue our growth and expand our IC design services and IP capabilities,” said Edward Chalfin, President and founder of ICD.

Chalfin continued, “This financing comes at an opportune time for ICD. Over the last year we have developed innovative IP for low-noise frequency synthesis including Continuous Calibration Technology(TM) and Enhanced Synthesizer Architecture(TM) as well as the Frequency-Regulated Average Current Mode (FRACM(TM)) architecture for switching power supply applications. We now look forward to bringing these to market. ICD is currently adding new advanced tools to its standard design flow and is also selectively expanding resource capacity by identifying and hiring highly experienced designers to augment our current staff while maintaining the high level of quality and customer service that defines ICD as an organization.”

About ICD

ICD is a leading independent provider of high-value analog, RF, mixed signal and power management IC design services and IP. Since its founding in 1995, ICD has taped out over 80 designs to fab for more than 35 fabless, integrated and OEM customers. ICD is located in Ellicott City, Maryland and serves a worldwide customer base.