Crocus Technology Lands $45,000,000 New Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ae78cded-fee6-4f0e-9e92-2c3551f2fde3
Date
7/11/2013
Company Name
Crocus Technology
Mailing Address
2380 Walsh Ave Santa Clara, CA 95051
Company Description
Crocus’ proprietary 2nd generation Magnetic Random Access Memory (MRAM) technology enables dense, non-volatile, high-speed, scalable memories for standalone and embedded chip applications.
Website
http://www.crocus-technology.com
Transaction Type
Venture Equity
Transaction Amount
$45,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The new funding enables Crocus to significantly ramp up manufacturing at TowerJazz Semiconductors.
M&A Terms
Venture Investor
Idinvest Partners
Venture Investor
Sofinnova Ventures
Venture Investor
Industrial Investors
Venture Investor
NanoDimension
Venture Investor
Ventech