Tignis, a Seattle, WA-based technology innovator in AI process control for semiconductor manufacturing, announced the completion of $7.2 million in Series A Funding.

The round was led by early-stage venture capital fund DN Capital, with participation by Silicon Valley venture capital firm Clear Ventures, former Microsoft Executive/VMware CEO Paul Maritz, and former GE Digital CTO Harel Kodesh.

Tignis will use the funds to expand its sales team and execute on current contracts.

Company: Tignis Inc.

Raised: $7.2M

Round: Series A

Funding Month: May 2022

Lead Investors: DN Capital

Additional Investors: Clear Ventures, Paul Maritz, and Harel Kodesh

Company Website: https://tignis.com/

Software Category: AI-powered Process Control

About the Company: Tignis specializes in AI-powered process control with a physics and engineering foundation. The company sells innovative software solutions that use AI and Machine Learning to enable next-generation manufacturing processes, increase manufacturing yield, and decrease process downtime. Tignis products equip process and operations engineers with the tools necessary to design, test, and implement AI projects, and ensure the successful implementation of AI process control and monitoring initiatives. Its technology is deployed in hundreds of facilities worldwide. Headquartered in Seattle     

Source: https://www.businesswire.com/news/home/20220512005164/en/Tignis-a-Technology-Innovator-in-AI-Process-Control-Solutions-for-Semiconductor-Manufacturing-Announces-7.2-Million-in-Series-A-Funding-to-Expand-Sales-Team-Take-Company-to-the-Next-Level-of-Growth