Seattle startup Tignis raises $7.2M to fuel use of AI process control in semiconductor manufacturing – GeekWire


John Herlocker, CEO of Tignis, pitching the startup throughout GeekWire’s Elevator Pitch competitors in 2019. (GeekWire File Picture / Dan DeLong)

Seattle-based startup Tignis has raised $7.2 million in new funding because it continues to innovate with synthetic intelligence course of management in semiconductor manufacturing.

The corporate’s PAICe suite of merchandise makes use of AI and machine studying to speed up the power to construct, validate and deploy machine studying enabled options within the manufacturing and course of industries.

“AI Course of management will speed up semiconductor course of improvement, enhance effectivity and high quality, and allow manufacturing applied sciences that beforehand have been too advanced to mannequin, leading to manufacturing of smaller and extra advanced chips, quicker time to market and improved yield whereas decreasing the price of operations,” Jon Herlocker, president and CEO of Tignis, stated in a information launch.

Tignis, which employs 17 folks, plans to make use of the funds to increase its gross sales workforce and execute on present contracts.

Herlocker co-founded Tignis in 2017 after leaving virtualization software program firm VMware, the place he was vice chairman and CTO of the corporate’s cloud administration enterprise unit. Fellow co-founder and chief working officer Matt McLaughlin was VMware’s director of engineering

The Collection A spherical was led by enterprise capital fund DN Capital with participation by Clear Ventures, former Microsoft government and VMware CEO Paul Maritz, and former GE Digital CTO Harel Kodesh.

Tignis beforehand raised $7.4 million in angel and seed funding, plus one other $1 million greenback funding in 2021 from innovation firm BMNT.





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