CoreTigo

Company Overview

Snapshot

Founded in March 2017 by Eran Zigman and Ofer Blonskey, CoreTigo operates with 11–50 employees. The company has raised a total of $45.06M across 8 funding rounds from 12 investors. In June 2023, CoreTigo received an investment from Amazon Industrial Innovation Fund.

Business overview

CoreTigo specializes in industrial wireless communication, providing high-performance machine digitalization, wireless connectivity, and edge solutions. Their core technology enables faster and more flexible manufacturing for machine builders, system integrators, and industrial equipment manufacturers. The company's products, including TigoEngine, TigoAir, TigoHub, TigoBridge, TigoMaster, and TigoStarter, are based on the IO-Link Wireless global standard, designed for harsh factory environments and motion control applications. CoreTigo serves markets such as Consumer Packaged Goods, Food & Beverage, Automotive, and Machinery & Components, aiming to increase flexibility, adaptivity, and modularity in production lines.

Strategic signal

In June 2023, CoreTigo received an investment from the Amazon Industrial Innovation Fund to accelerate industrial connectivity. This strategic investment signals strong market validation for CoreTigo's IO-Link Wireless technology and its potential to drive significant advancements in industrial automation and Industry 4.0 initiatives, particularly within the manufacturing sector.

Company Intelligence Q&A

What is CoreTigo's primary focus?

CoreTigo focuses on industrial wireless communication, providing solutions for machine digitalization, wireless connectivity, and edge computing to enhance manufacturing flexibility and efficiency.

When was CoreTigo founded and by whom?

CoreTigo was founded in March 2017 by co-founders Eran Zigman and Ofer Blonskey.

Which investors participated in CoreTigo's September 2022 funding round?

In September 2022, CoreTigo closed a funding round with participation from Emerson Venture Capital.

What was a key strategic development for CoreTigo in June 2023?

In June 2023, CoreTigo received an investment from the Amazon Industrial Innovation Fund to accelerate industrial connectivity, highlighting a significant strategic partnership.

What was the outcome of CoreTigo's Series B funding round in June 2021?

In June 2021, CoreTigo raised a Series B round led by Cardumen Capital.