Crossing Automation raises $6 million for wafer-handling tool business

Crossing Automation raises $6 million for wafer-handling tool business

Crossing Automation has raised $6 million in a first round of capital to expand its wafer-automation equipment business for chip factories.

The Mountain View, Calif.-based company makes automated wafer-transfer systems. Backers include Intel Capital and Tallwood Venture Capital.

Crossing Automation was founded in 2003 to build a system that can handle large silicon wafers and move them from one piece of equipment to another inside a chip factory. The company argues that its system can save $24… Continue Reading