Avalanche Technology Receives $25,322,047 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d525357d-858c-4ea3-9a91-02214f98f242
Date
12/1/2015
Company Name
Avalanche Technology
Mailing Address
46600 Landing Parkway Fremont, CA 94538 USA
Company Description
Avalanche Technology set out to fundamentally change the $53B memory industry with a disruptive low power non-volatile magnetic memory. Not only solving the technology scaling challenges faced by existing charge based memories, Avalanche is also enabling radical leaps in memory and storage system architectures.
Website
http://www.avalanche-technology.com
Transaction Type
Venture Equity
Transaction Amount
$25,322,047
Transaction Round
Undisclosed
Proceeds Purposes
Proceeds purposes were not disclosed. SEC regulatory filing. Amount may include options, warrants or other securities. Contact technology company for investment details, if applicable. Not an offer or solicitation for the sale of securities or debt.
M&A Terms
Venture Investor
Undisclosed