SandForce Garners $21,000,000 Series C Funding
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e3747387-46df-4efe-a075-86458e5638c4&Preview=1 -
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
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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
