Advanced Inquiry Systems has new backing

| Print |  Email
Must Reads
Tuesday, October 15, 2013

Semiconductor test company Advanced Inquiry Systems Inc. has a new benefactor and raised more than $1 million in outside investment this year.

Once known as Octavian Scientific, AISI was among Oregon’s best-funded tech startups in the decade after the dot-com crash. It raised at least $43 million through 2010 developing new testing tools for the chip industry. Backers included OVP Venture Partners and Intel Capital, among others. The company employed 22 at a Hillsboro office as of 2009.

But product development stalled around that time, according to Mark Gardiner, who ran the company from 2003 to 2006, and returned as chief executive in 2011. A private equity fund called QVT Financial inherited a major stake in AISI through a prior investment, according to Gardiner, and investors set about rescuing the business.

Read more at OregonLive.com.

 

More Articles

Money Troubles

September 2015
Thursday, August 20, 2015
BY DAN COOK

The state’s angel investing fund gets hammered in Salem.


Read more...

Up on the Roof

September 2015
Wednesday, August 19, 2015
BY LINDA BAKER

In 2010 Vanessa Keitges and several investors purchased Portland-based Columbia Green Technologies, a green-roof company. The 13-person firm has a 200% annual growth rate, exports 30% of its product to Canada and received its first infusion of venture capital in 2014 from Yaletown Venture Partners. CEO Keitges, 40, a Southern Oregon native who serves on President Obama’s Export Council, talks about market innovation, scaling small business and why Oregon is falling behind in green-roof construction. 


Read more...

Balancing Act

July/August 2015
Friday, July 10, 2015
BY DAN COOK

The Affordable Care Act has triggered a rush on health care plan redesign, a process fraught with hidden costs and consequences.


Read more...

Grain Food

September 2015
Wednesday, August 19, 2015
BY JACOB PALMER

A Power Lunch at Bob's Red Mill Whole Grain Store and Restaurant.


Read more...

The 10 most successful crowdfunding campaigns in Oregon

The Latest
Wednesday, August 19, 2015
081915-crowdfundingmainBY JACOB PALMER | DIGITAL NEWS EDITOR

One of the hottest new investment trends has proven quite lucrative for some companies.


Read more...

Living the dream

News
Friday, August 21, 2015

smugglespearsthumbRenee Spears, founder and owner of Portland-based Rose City Mortgage, is hot to trot to sell pot.


Read more...

Staffing Challenge

July/August 2015
Monday, July 13, 2015
BY KIM MOORE

A conversation with Greg Lambert, president of Mid Oregon Personnel Services.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS