Omni Design Technologies reported that its Series A financing round was oversubscribed and that company had successfully raised over $35 million. With participation from a number of other investors, including VentureTech Alliance, Foothill Ventures, ASMedia, and Monta Vista Capital, the round was led by CDIB-TEN Capital, a joint venture fund formed by CDIB Capital and TEN Capital, CDIB-Innolux II, FM Capital, Tipping Point Ventures, and Tipping Point Capital.
The need for a new class of intelligent wideband signal processing solutions that convert real-world signals into actionable intelligence in real time, with unwavering accuracy and unrivaled energy efficiency, is being driven by the unprecedented AI-driven data demand and the constantly rising speeds at every network node.
Numerous tier-one customers are adopting Omni Design Technologies’ unique wideband signal conversion and processing solutions to power demanding applications including satellite communications, AI, driverless vehicles, wireless communications, and cutting-edge networking.
In contrast to conventional traditional data converters, Omni Design’s innovative Wideband Signal Processing solutions use the most cutting-edge manufacturing methods to provide the best performance, lowest power, and integrated intelligence data conversion technology in the industry.
Leadership Comments
“Our strong momentum with multiple tier-one customers is a testament to the strength of our game-changing technology and extraordinary talent of our team,” said Dr. Kush Gulati, President and CEO of Omni Design Technologies. “This Series A investment will allow us to capitalize on the significant market opportunity by accelerating our product roadmap for our customers. We are pleased to partner with world-class investors to further solidify our leadership in, and significantly expand the market for, our innovative Wideband Signal Processing products and solutions.”
Pin-Nan Tseng, executive director at TEN Capital, stated, “Omni Design is at the forefront of enabling the next wave of technological advancements by pioneering the industry’s Wideband Signal Processing technology. Their solutions deliver the high-performance, ultra-low power technology essential for accelerating AI infrastructure, and enabling the most demanding data acquisition and communication applications with unparalleled efficiency.”
Melanie Nan, President at CDIB Capital, commented, “Omni Design is leading the industry with its foundational Wideband Signal Processing solutions, which have been validated by several technology-leading customers and are strongly connected to the Taiwan semiconductor ecosystem. Its unique approach to delivering exceptional performance at ultra-low power is exactly what the industry needs to overcome complex design challenges for next-generation data centers, space-based communications, and ADAS.”
Kai Tsang, Managing Partner at VentureTech Alliance, said “Omni Design is solving critical bottlenecks in leading-edge wireless, data center and edge AI systems with its market-leading Wideband Signal Processing solutions. We believe the company’s best-in-class products along with its exceptionally strong team will enable the company to continue to push the envelope on innovation and deliver breakthrough solutions for customers’ next-generation needs.”
Mark Norman, Managing Partner at FM Capital, said, “Omni Design’s data conversion solutions are transforming automotive technology, where safety-critical sensors demand ultra-low latency, high-efficiency, and intelligent signal conversion. We are excited to support Omni Design Technologies as they continue to drive innovation across key sectors.”
Kelvin Khoo, Partner at Tipping Point Ventures, said, “Omni Design’s innovative Wideband Signal Processing technology is core and foundational to a broad range of mission-critical applications in high-speed communications, networking and AI systems. We congratulate the company on their strong market and technical leadership, and we look forward to ushering in the next phase of the company’s growth.”
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