SandForce Garners $21,000,000 Series C Funding

  • Feed Type
  • Date
    11/10/2009
  • Company Name
    SandForce
  • Mailing Address
    12950 Saratoga Ave Saratoga, CA 95070
  • Company Description
    SandForce, Inc., is transforming data storage by pioneering the use of commodity flash memory in enterprise and client computing applications with its innovative SSD (Solid State Drive) Processors. By delivering unprecedented reliability, performance and energy efficiency, SSDs based on patent-pending SandForce DuraClass™ technology unleash the full potential for mass-market adoption of SSDs based on NAND flash media. Founded in 2006, SandForce is funded by leading venture capital investors and first tier storage companies.
  • Website
    http://www.sandforce.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $21,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    “This new funding will help us through our expansion phase as well as accelerate our new products development that will help us maintain our market leadership.”
  • M&A Terms
  • Venture Investor
    Translink Capital
  • Venture Investor
    UMC Capital
  • Venture Investor
    LSI Logic Corporation
  • Venture Investor
    Darwin Ventures
  • Venture Investor
    A-Data Technology
  • Venture Investor
    DCM – Doll Capital Management
  • Venture Investor
    Storm Ventures