About Tignis
Tignis is a Technology company based in Seattle (United States) founded in 2017 by Mark Huang, Jon Herlocker, and Matt McLaughlin, and was acquired by Cohu in December 2024. It operates in the Technology and Industrial Goods & Manufacturing sectors. Tignis has raised $16.06 million across 5 funding rounds from investors including Cohu, DN Capital and Clear Ventures. The company has 13 employees. Its chief executive, as recorded, is Jon Herlocker. Tignis offers products and services including PAICe MAKER and PAICe MONITOR. Its focus areas include High Tech, Digital Twin, Digital Twin Platforms and Products. Its legal entity is Tignis, Inc. Its competitors include Decisyon and Prodea; 2 of its 2 listed competitors have raised funding.
Company details
Provider of AI-powered process control solutions. It provides AI-powered process control solutions to enable manufacturers, producers, and operators to continually improve products and processes. It provides services such as intelligent monitoring decision support, real-time performance insights, augmented intelligence for connected operations, and machine learning solutions as a service.
- Headquarters Seattle, United States
- Employees 13
- Founders Mark Huang, Jon Herlocker, Matt McLaughlin
- Stage Acquired
- SectorsTechnologyIndustrial Goods & Manufacturing
- Email••••••••
- Website tignis.com
- Social LinkedIn X
- Acquired by Cohu (Dec 2024)
- Legal Name Tignis, Inc.
Products & Services of Tignis
Tignis offers a comprehensive portfolio of products and services, including PAICe MAKER and PAICe MONITOR.
Tool for creating AI models to optimize semiconductor processes.
Software for real-time oversight of semiconductor operations and efficiency.
Funding Insights of Tignis
Tignis has successfully raised a total of $16.06M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $7.2 million completed in May 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $16.06M
- Total Rounds 5
- Last Round Series A — $7.2M
- First Round $450,000
(Aug 2017)
- Investors Count 6
All 5 funding rounds of Tignis with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2022 | $7.2M | Series A | – | DN Capital | |
| Aug 2021 | $1M | Series A | – | BMNT | – |
| May 2019 | $4.65M | Series A | – | – | – |
| Jun 2018 | $2.76M | Seed | – | – | – |
| Aug 2017 | $450,000 | Seed | – | – | – |
7 investors in total: 5 institutional and 2 angel.
Investors in Tignis
Tignis has secured backing from 7 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Cohu, DN Capital and Clear Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on software, fintech, marketplaces, and consumer internet | dncapital.com | London, United Kingdom | ||
Tech focused early stage VC firm investing in the US, Europe, Asia | clear.ventures | Palo Alto, United States | ||
Venture capital firm investing in multiple sectors | m-ventures.com | Amsterdam, Netherlands | ||
Provides innovation services to governments for rapid capability development and partnerships. | 2013 | bmnt.com | Palo Alto, United States | |
PM Paul Maritz | Tech veteran, angel investor, ex-VMware CEO, active in Indian startups | unknown_f1a8f2f5f1124cdab | ||
HK Harel Kodesh | Angel investor, tech veteran, ex-Microsoft, focused on Indian startups | unknown_28881cf46dfd495db | ||
Semiconductor test solutions and handling equipment are manufactured by Cohu. | 1957 | cohu.com | Poway, United States |
Investor details for Tignis
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Tignis
21 people are tracked at Tignis (8 in leadership, 9 in board & advisors, 4 in team); the tracked headcount is 13.
| Name | Role | Group |
|---|---|---|
Mark Huang | Co-Founder | Leadership |
Jon Herlocker | Co-Founder & CEO | Leadership |
Matt McLaughlin | Co-Founder | Leadership |
David Park | VP of Marketing | Leadership |
Mario Faria | Director of Semiconductor Solutions | Leadership |
Dave Meadows | Director Of Customer Success & Solutions Engineering | Leadership |
Ryan Stoddard, PhD | Director Of Data Science | Leadership |
Eric Holzer | Director Of Product And Customer Success | Leadership |
Paul Maritz | Director | Board & advisors |
Harel Kodesh | Director | Board & advisors |
Janis Machala | Director | Board & advisors |
Ashmeet Sidana | Director | Board & advisors |
Chris Rust | Director | Board & advisors |
Teemu Matilla | Director | Board & advisors |
Steve Schlenker | Director | Board & advisors |
Daniel Franke | Director | Board & advisors |
Gary Bultman | Strategic Semiconductor Industry Advisor | Board & advisors |
Adam Ashenfelter | Senior Machine Learning Engineer | Team |
Mark Haley | Staff Systems Engineer | Team |
Alexander Bastidas Fry, PhD | Machine Learning Engineer | Team |
1 more people are available in the full profile.
Complete people profiles for Tignis
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Tignis
4 dated milestones of Tignis across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Tignis is founded.
- Funding First funding round of $450K.
- Funding Latest funding round, Series A, of $7.2M.
- Exit Acquired by Cohu.
Competitors of Tignis
Tignis has 2 listed competitors in our database, 2 of them funded. They include Decisyon and Prodea.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| decisyon.com | 2005 | San Francisco, United States | $55.85M | A platform for corporate performance management is provided. | ||
| prodea.com | 2006 | Richardson, United States | $155.83M | 20 | Cloud-based IoT solutions with monitoring and analytics are provided. |
Detailed competitors of Tignis
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Top companies in Digital Twin & Simulation Platforms
3 companies that operate in the same segment as Tignis (Digital Twin & Simulation Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of AI models to generate and understand interactive 3D environments | 2023 | San Francisco, California, United States | USD 1.23 B | 105 | ||
Provider of cloud and AI-based virtual tour solutions for construction professionals | 2011 | Sunnyvale, California, United States | USD 163.18 M | |||
Construction sites are monitored via AI-powered SaaS technology. | 2017 | San Francisco, California, United States | USD 198.7 M |
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Related news about Tignis
Complete news archive for Tignis
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Frequently Asked Questions about Tignis
Tignis was founded in 2017.
Tignis is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Jon Herlocker is the CEO of Tignis, as recorded in our data. They have also founded this company.
Tignis is a funded company, having raised a total of $16.06M across 5 funding rounds to date. The company's 1st funding round was a Seed of $450K, raised on Aug 2017.
Tignis has 13 employees.
Provider of AI-powered process control solutions. It provides AI-powered process control solutions to enable manufacturers, producers, and operators to continually improve products and processes. It provides services such as intelligent monitoring decision support, real-time performance insights, augmented intelligence for connected operations, and machine learning solutions as a service.
Tignis offers PAICe MAKER and PAICe MONITOR.
Tignis has 7 investors. Key investors include Cohu, DN Capital, Clear Ventures, Paul Maritz, and Harel Kodesh.
Tignis operates through Tignis, Inc..
Yes. Tignis was acquired by Cohu in December 2024.