Reveal Design Automation raises pre-seed capital, adds first clients

Reveal Design Automation is at the tail end of developing its software products and has been ramping up staffing as it has built its product line.The Ann Arbor-based start-up provides the electronic design market with the software tools to verify the accuracy of complex digital chip designs. It has been building up its engineering team in its first year and a half of existence, adding a new person each quarter. Today it has a team of about half a dozen, and, eventually, will grow to 10-15 people over the next year.”We should have 1-2 paying customers and about 3-5 trials with additional customers within the next year,” says Zaher Adraus, CEO of Reveal Design Automation. Reveal Design Automation has raised six-figures worth of capital from the Michigan Pre-Seed Capital Fund and the First Step Fund. That money and other seed capital has gone toward product development with the its first customer. That process is nearly finished, and the firm hopes to begin marketing its technology in the not-too-distant future.”Now we’re coming close to a family of products for the customer,” Andraus says.Source: Zaher Adraus, CEO of Reveal Design AutomationWriter: Jon ZemkeRead more about Metro Detroit’s growing entrepreneurial ecosystem at SEMichiganStartup.com.