Avalanche Technology Obtains $5,500,000 New Funding
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=df9d7278-0a81-45d6-828f-e0ced3dde780&Preview=1 - Date
10/28/2010 - Company Name
Avalanche Technology - Mailing Address
48371 Fremont Blvd Fremont, CA 94538 - 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. Our technology is ideal for applications in nearly every industry, from consumer electronics and mobile phones to satellites and engine control. - Website
http://www.avalanche-technology.com - Transaction Type
Venture Equity - Transaction Amount
$5,500,000 - Transaction Round
Undisclosed - Proceeds Purposes
Proceeds purposes were not disclosed. SEC regulatory filing. - M&A Terms
- Venture Investor
Undisclosed
