Not so, said Isaac. Our revenues have not developed the way we originally anticipated, but they are on a slow, steady climb. We are seeing a lot of repeat customers. EDAconnect started with a monthly licensing scheme. EDAconnect does most of the transaction work and handles the licensing.
Designers pay via purchase order or credit card and download the software to their desktop.
The original idea was to give established vendors a new licensing avenue and provide small startup EDA vendors with sales and marketing they would not otherwise be able to afford. But the big EDA vendors have not embraced the model, Isaac acknowledged. We think they will come around. Issac said the company currently features tools from 25 different vendors and 37 tools, total. Most of the company's revenue comes from pc-board design tools, and Intercept's Pantheon is the most licensed tool through the site, Isaac said.