OCZ Technology Group Lands $13,098,500 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7e7651b8-8a39-45e1-be03-695bc8ab3a86
Date
8/29/2013
Company Name
OCZ Technology Group
Mailing Address
6373 San Ignacio Ave San Jose, CA 95119
Company Description
Founded in 2002, San Jose, California-based OCZ Technology Group, Inc. has built on its expertise in high-speed memory to become a dominant player in the manufacturing and distribution of solid state drives (SSDs), a disruptive, game-changing technology that is replacing traditional rotating magnetic hard disk drives (HDDs).
Website
http://www.ocztechnology.com
Transaction Type
Debt
Transaction Amount
$13,098,500
Transaction Round
Undisclosed
Proceeds Purposes
Proceeds purposes were not disclosed. SEC regulatory filing. Not a solicitation.
M&A Terms
Venture Investor
Undisclosed