Thursday, October 17, 2024
14.6 C
New York

SigmaSense: Closes $24M Series B Funding Round

SigmaSense Closes $24M Series B Funding Round

  • SigmaSense LLC, an Austin, Texas-based global leader in touch sensing performance, closed a $24m Series B funding
  • The company intends to use the funds to expand its reach in the touch and HMI (Human Machine Interface) markets
  • As part of the capital raise, Aurelio Fernandez joined company’s Board of Managers
  • The company is advancing SigmaVison®, digital transformation sensing technology that provides a touchless experience for devices that uses touch sensors
  • Fernandez has been active in the semiconductor industry, most recently as a startup investor
  • Earlier in his career, he helped establish Broadcom as its first VP of Worldwide Sales, the period in which Broadcom expanded from $35M to over $1 billion in sales in three years

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

What is Fintech?

Fintech: A term used to refer to innovations in...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

LendingClub and Pagaya acquire intellectual property of shuttered fintech Tally

LendingClub Corporation, a California-based digital lending platform, has...

Toss Securities promotes Gyubin Kim to CEO

Gyubin Kim has been promoted to CEO of...

UK challenger Monese to be acquired by fellow fintech Pockit

Pockit, a UK fintech, is acquiring Monese, a...

ICYMI fintech funding round-up: Bitlayer, Quartr, FutureMoney, Solifi and more

Bitlayer (Singapore) secured $9 million in a Series...

Aleph acquires majority stake in Argentinian PSP Localpayment

Aleph Holding has acquired a controlling equity interest...

Related Articles

Popular Categories

spot_imgspot_img