Tessolve, a global provider of silicon and system testing labs and engineering solutions, has secured $150,000,000 in funding from investors. The company specializes in offering pre-silicon and post-silicon expertise, delivering efficient turnkey solutions for silicon bring-up from specification to product. With over 3500 employees worldwide, Tessolve provides a comprehensive one-stop shop solution backed by extensive hardware and software capabilities, including advanced silicon and system testing labs.
The company's core offerings include a Turnkey ASIC Solution, encompassing design through to packaged parts. Tessolve’s design services address advanced process nodes, leveraging an ecosystem of EDA, IP, and foundries. Its integrated approach, combining front-end design strengths with backend flow knowledge, aims to identify design flaws early, thereby reducing redesign costs and risks. Tessolve actively invests in R&D center of excellence initiatives such as 5G, mmWave, Silicon photonics, HSIO, HBM/HPI, and system-level test.
Furthermore, Tessolve delivers end-to-end product design services in the embedded domain, operating under an ODM model from concept to manufacturing. This includes application expertise across Avionics, Automotive, Industrial, and Medical segments, facilitating faster time-to-market for its clients. Tessolve’s diverse clientele includes Tier 1 companies across multiple market segments, nine of the top ten semiconductor companies, startups, and government entities, supported by a global presence and multiple test labs.
This significant capital infusion of $150,000,000 marks a pivotal moment for Tessolve, providing resources to accelerate its strategic objectives. The company plans to deploy these funds to bolster its growth initiatives, which may include expanding its research and development efforts, scaling its operational capacity, and exploring new market opportunities to better serve its global client base. This investment is expected to further strengthen Tessolve's position as a comprehensive provider of silicon and embedded engineering solutions, enabling sustained innovation and market expansion.
