AUSTIN, Texas - May 8, 2006 - Zilker Labs, Inc., today announced that it is growing its employee base world-wide, including at its Austin corporate headquarters. The company is adding applications, product/test and design engineers to support the rapid adoption of the ZL2005 and the development of several new ICs based on the company’s innovative Digital-DCTM technology.
This announcement comes in conjunction with the company closing $8 million in series C financing. Zilker Labs’ original investors, Sevin Rosen Funds and North Bridge Venture Partners, as well as new investor H.I.G. Ventures, participated in the round.
“We are pleased that our initial investors demonstrated their continued confidence in our technology and that H.I.G. Ventures has joined the team,” said Bob Bridge, chief executive officer of Zilker Labs. “H.I.G. brings operational and technical expertise that will be valuable to Zilker Labs as we enter the next phase of company growth.”
Zilker Labs provides industry-leading power management and conversion ICs based on the patented Digital-DC technology. The company's first product, the ZL2005, provides several key innovations over alternative technologies: it combines a world-class digital power conversion architechture, comprehensive power management logic and output drivers in a single IC; it is easily configurable with no user programming required; and it provides efficiencies that meet or exceed traditional analog solutions.
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