Pyxis Technology Extends Series B Financing $5.25M

Pyxis LogoAustin-based Pyxis Technology announced that they have extended their B round to include a strategic investment from KT Venture Group. Existing investors Austin Ventures, CMEA Ventures and Formative Ventures also participated in this round. The new funds will be used to accelerate deployment of the Pyxis NexusRoute high-performance, yield-aware auto-router announced in September of 2007.

Pyxis Technology delivers software and services to address the problems that chip designers face in the routing of nanometer-scale integrated circuits (ICs) and systems on a chip (SoCs). Pyxis NexusRoute is a high performance, yield-driven auto-router, architected for process technologies of 65nm and below.

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About Bryan Menell

Bryan is the Managing Editor for AustinStartup and the Director of the Collaboratory at Dachis Group. He is a co-founder of Capital Factory, on the board of Texchange, and runs the popular Austin Tech Happy Hour with his wife. He advises early stage technology companies including Socialware, SpeedMenu, and AudiencePoint.