Avalanche Technology Secures $10,300,000 New Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6d05871d-07db-4f88-b3be-1240a596bfe2
Date
11/10/2016
Company Name
Avalanche Technology
Mailing Address
46600 Landing Parkway Fremont, CA 94538 USA
Company Description
Avalanche is a disruptive technology company developing innovative, ultra high performance enterprise solid-state storage arrays using tightly integrated hardware/software and leveraging its own non-volatile magnetic memory.
Website
http://www.avalanche-technology.com
Transaction Type
Venture Equity
Transaction Amount
$10,300,000
Transaction Round
Undisclosed
Proceeds Purposes
Proceeds purposes were not disclosed. 3 investors participated in the offering. The 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. SEC regulatory filing.
M&A Terms
Venture Investor
Undisclosed