Tech Company Financing Transactions
Tignis Funding Round
Tignis closed a $7.2 million Series A financing round on 5/13/2022. Investors included DN Capital, Clear Ventures and private investors.
Transaction Overview
Company Name
Announced On
5/13/2022
Transaction Type
Venture Equity
Amount
$7,200,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to expand its sales team and execute on current contracts.
Company Information
Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
701 North 36th St 340
Seattle, WA 98103
USA
Seattle, WA 98103
USA
Phone
Website
Email Address
Overview
Tignis provides a physics-driven software solution for managing industrial assets, processes and operations. Using machine learning and digital twins, Tignis monitors mechanical systems, not just individual assets, so manufacturers can expand predictive maintenance coverage, detect and reduce risks to plant or line reliability, enhance O&M team productivity, and improve plant performance.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jonathan Herlocker
Chief Operating Officer
Matthew McLaughlin
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