Ghent, Belgium - July 29, 2010 - Sigasi, a Ghent-based high tech EDA start-up, announced that it has closed its first round of funding. The investors in this round are Baekeland Fund II, the venture seed fund of Ghent University, business angels, and the team.

Sigasi was founded in January of 2008 by two PhD's from Ghent University. The company was
initially financed by seed capital provided by the founders, by subsidies from the Flemish
government via the Agency for Innovation through Science and Technology (IWT), and by a
mezzanine loan from Flemish Innovation Fund (Vinnof).

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