Oraxion Raises $8M

Pasadena-based Oraxion Diagnostics has raised $8M for its advanced metrology systems for the semiconductor industry. The funding came from Mohr, Davidow Ventures and Idealab. Oraxion is developing systems for measuring the flatness of semiconductor wafers, a key need to increase yields in semiconductor manufacturing. Oraxion's technology is derived from research by Professor David G. Goodwin at Caltech and Dr. Subra Suresh at MIT, the company's scientific founders. More information »