Negevtech designs, manufactures, and markets wafer inspection systems for the semiconductor industry. Quality control within this industry is a primary issue, as profits are increasingly being squeezed by the need to achieve acceptable returns on the massive capital investment of building new fabrication facilities. The returns are also threatened by demanding semiconductor process specification and the cost of new materials used in such processes. Wafer inspection systems are the process control systems used in advanced semiconductor manufacturing facilities to improve production yields and to provide feedback on new process technologies by identifying critical defects on wafers. The company has developed innovative technology which enables customers to address the manufacturing challenges faster and in a less costly manner. Negevtech systems are installed in leading semiconductor manufacturers in the US, Europe, and Asia.

Negevtech's management team bring a wealth of experience and know-how in wafer inspection and advanced semiconductor manufacturing equipment and have extensive experience in supporting IC manufacturers worldwide. The company's marketing, demonstration and support facilities are headquartered in Santa Clara, California. The R&D centre is located in Rehovot, Israel, in the heart of the 'Image Processing Triangle' and in close proximity to the renowned Weizmann Institute of Science.

On October 2006, Amadeus led the expansion funding round for Negevtech. Existing investors also participated.