Qcept, a developer of wafer inspection systems for the semiconductor industry, has landed a Series B add-on round of financing.
How much money the company secured was not disclosed.
Siemens Venture Capital, a subsidiary of Siemens AG, and Pittco Capital Management led the round.
Qcept said the funds would be used to accelerate product development as well as for sales, marketing and brand awareness.
Launched in 2002, Qcept had announced funding of $9.35 million through January of 2005.
“Qcept’s revolutionary Chemetriq wafer inspection platform has the potential not only to improve semiconductor manufacturing process control, but also to extend into other areas that are of interest to Siemens as a leading global technology provider,” said Todd Jaquez-Fissori, investment partner for Siemens Venture Capital.