Proton Digital Systems Secures $2,000,000 Seed Financing

  • Feed Type
  • Date
    2/8/2013
  • Company Name
    Proton Digital Systems
  • Mailing Address
    560 S. Winchester Blvd San Jose, CA 95128
  • Company Description
    Proton Digital Systems is driving the revolution of high endurance low cost Flash solutions. Using its patented LDPC-based Flash Read Channel and Controller IP Solutions, Proton is able to dramatically extend the endurance of NAND Flash products versus currently available solutions – all with power requirements 50% less than current market estimates.
  • Website
    http://www.proton-digital.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $2,000,000
  • Transaction Round
    Seed
  • Proceeds Purposes
    The round provides capital to support Proton’s continued development and expansion of its cutting-edge flash reliability IP products that address a major market requirement – increasing the endurance and longevity of Flash Memory.
  • M&A Terms
  • Venture Investor
    SKS Capital
  • Venture Investor
    Undisclosed