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Qcept Technologies raises $9.5 million to expand wafer inspection business |
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Mar 04, 2008 at 02:10 PM |
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Qcept Technologies has raised $9.5 million in Series C funding, bringing its total VC funding close to $25 million. The funds will be used to ramp production and service new customers for its non-visual defect inspection tool, the ChemetriQ.
"This new funding will allow Qcept to speed delivery of our ChemetriQ inspection solutions to help customers with their growing NVD-related yield issues," stated Dr. David Lam, Chairman of Qcept. "As our technology is highly complementary to optical wafer inspection, chipmakers will now be able to capture a much broader range of yield-impacting defects." "Qcept's innovative technology is ideally positioned to tap into the multi-billion-dollar wafer inspection market, where there is a pressing need by today's leading semiconductor manufacturers for new solutions that can address their emerging yield problems," said Dr. Ralf Schnell, President and CEO of SVC.
The Series C funding was led by Siemens Venture Capital (SVC), a Siemens Financial Services Company. Pittco Capital Management also participated in the round as well as previous investors.
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