SigmaSense Closes $24M Series B Funding Round

SigmaSense

SigmaSense LLC, an Austin, Texas-based global leader in touch sensing performance, closed a $24m Series B funding.

The company intends to use the funds to expand its reach in the touch and HMI (Human Machine Interface) markets. As part of the capital raise, Aurelio Fernandez joined SigmaSense’s Board of Managers.

SigmaSense is advancing SigmaVision®, digital transformation sensing technology that provides a touchless experience for devices that uses touch sensors, from mobile phones and laptops to large monitors and digital signage.

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.

Fernandez has been active in the semiconductor industry, most recently as a startup investor. Earlier in his career, he helped establish Broadcom as its first VP of Worldwide Sales, the period in which Broadcom expanded from $35 million to over $1 billion in sales in three years. Prior to Broadcom, Fernandez held sales roles at Exar Corporation, IC Works, VLSI Technology and Intel. He holds a Master of Business Administration from Florida Atlantic University and a Bachelor of Science in Electrical Engineering from the University of Florida.

FinSMEs

06/10/2021