SigmaSense Series B

SigmaSense, the touch sensing specialist, has closed  a $24 million Series B funding round.

 The company intends to use the money  to expand its reach in the touch and HMI (Human Machine Interface) markets with significant impact to the global display market.

Aurelio Fernandez, previously at Broadcom,  Exar, IC Works, VLSI Technology and Intel. has been appointed to the board.

Fernandez’ experience will help support the rapid scaling of SigmaSense over the next 18 months as the Company deploys its semiconductor and software solutions across a wide range of sensing applications spanning automotive, mobile phones, and laptops to digital signage and kiosks.

“SigmaSense has a breakthrough technology that is on the verge of transforming many sensing markets in the next few years,” said Fernandez. “I’ve seen many jumps in performance over the years, but seeing a real 100-1,000X leap in signal-to-noise ratio will remake and create many new sensing markets in the years to come.”