Straatum Gets Third-Round Funding from ACT, Intel, Vision; $5.65 million will be used to expand real-time FDC business worldwide
Summary
FDC technology is becoming increasingly more important because of the many new materials and extremely tight process parameters now moving into general use on semiconductor production lines. "Theres almost no room for error on todays leading-edge chips, and small processing variations can quickly turn many good devices into failures," noted Straatum CEO Brendan Coyle. "Real-time solutions, like Straatums, involving advanced process controls and fault detection and classification play an important role in correcting errors and reducing equipment downtime." Founded in 1998, Straatum is based in Dublin, Ireland, and has sales and operations facilities in Europe, the US, Taiwan, Singapore and Japan. Intel Capital invests in hardware, software and services companies in several market segments, including computing, networking, and wireless communications.
