SOURCE: Upverter

Upverter

September 13, 2011 12:00 ET

Upverter Launches Next Generation Hardware Design & Development Platform

Upverter Open to All Developers and Electronics Designers; Taking on a 4 Billion Dollar Market and Its 25 Year Old Companies

TORONTO--(Marketwire - Sep 13, 2011) - Upverter, the Software as a Service (SaaS) for rapid hardware design, today announced it has exited private beta and is now available for use by developers and electronics designers building next generation hardware worldwide.

Upverter currently supports collaborative schematic capture, community part maintenance and ways to share and embed schematics much like YouTube videos. Developers can start using Upverter today for free by signing up at http://upverter.com

Upverter solves a critical problem that has constrained hardware designers for decades. Traditionally, workflow is isolated and siloed, with each designer working on a single design and producing it almost entirely from scratch. As a result most companies couldn't move any faster than one engineer, they couldn't put more people onto a project, and they lost a tremendous amount of time to duplicated effort. For these companies, leveraging innovations in silicon, or producing bigger designs was simply not possible.

Upverter's platform enables designers to reach market faster, through reuse and collaboration. No more duplication of effort, no more siloed designs, no more isolated designers. More importantly, designs developed in Upverter are integrated tightly with the complete hardware workflow solving some the part sourcing and manufacturing problems which have historically been the unfortunate responsibility of design engineers. As a result, companies are now able to get product out the door faster and take on bigger and riskier projects with smaller teams and cost.

EDA in the cloud is not a new idea. For at least a decade Cadence has been talking about it. For at least a decade the big three incumbents (Cadence, Synopsys and Mentor Graphics) have been working on it. And a decade later they have all still failed to solve this problem.

"Electronic design software is a 4.5 billion dollar market which is responsible for the tools used to design every electronic device that you own, and their users are completely disconnected from the Internet and from each other," said Zak Homuth, co-founder and CEO of Upverter. "But I'm not surprised it's still like this -- the web just isn't in those big companies' DNA. It was bound to take a start-up to disrupt this market."

Upverter is free for developers. For more pricing information, visit http://www.upverter.com.

About Upverter:
Upverter is a second-generation software-as-a-service company that lets you rapidly design hardware. Unlike existing design tools, which are isolated and single user, Upverter is highly integrated, inherently collaborative and accessible anywhere in the world. With Upverter design teams, contract designers and grassroots innovators can now leverage existing design content and focus on building next generation hardware instead of wasting time duplicating work, sourcing parts, or dealing with manufacturers. Based in Toronto and funded by YCombinator, Upverter was founded by Zak Homuth, Stephen Hamer and Michael Woodworth in 2010. For more information on Upverter, visit www.upverter.com.

Contact Information

  • Press Contact
    name: Upverter, Inc.
    email: Email Contact
    phone: 416-836-8337

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