Adesto Technologies Garners $22,500,000 New Funding

  • Feed Type
  • Date
    10/16/2012
  • Company Name
    Adesto Technologies
  • Mailing Address
    1250 Borregas Avenue Sunnyvale, CA 94089
  • Company Description
    Adesto Technologies was founded in 2006 by a team of experienced semiconductor memory developers. The company’s mission is to turn CBRAM technology into a platform of memory solutions that spans from the lowest cost, lowest power embedded chip to the highest performing solid state storage solution. The graphic below shows the breadth of the CBRAM Technology’s capabilities that drive Adesto’s FlexRAM Platform.
  • Website
    http://www.adestotech.com
  • Transaction Type
    Debt
  • Transaction Amount
    $22,500,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The capital funding we provided to Adesto will be used to broaden their product line, expand their offerings, and increase their revenues.
  • M&A Terms
  • Venture Investor
    Opus Bank