AISI Raises $11M in Series B

Eric Hal Schwartz8/18/09

Advanced Inquiry Systems, Inc. (AISI) closed Series B financing with $11 million, according to a press release sent out today. The Hillsboro, OR-based company developed a data sensing system for semiconductor memory manufacturing, that allows memory devices to be tested for performance both earlier and for less cost than standard technology allows. Investors in the financing round included OVP Venture Partners, TL Ventures, Intel Capital, Applied Ventures, KT Ventures, and Northwest Ventures.

Eric Hal Schwartz was an intern in Xconomy's Seattle office.