SandForce Receives $25,000,000 Series D Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=11d74482-55ce-479a-b6da-33abde4261a0&Preview=1 -
Date
9/14/2010 -
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
$25,000,000 -
Transaction Round
Series D -
Proceeds Purposes
This new funding will help us bring our next-generation products to market, expand our customer and partner support infrastructure, and accelerate our core technology development that will extend our market leadership. -
M&A Terms
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Venture Investor
Canaan Partners -
Venture Investor
DCM – Doll Capital Management -
Venture Investor
Storm Ventures -
Venture Investor
Translink Capital -
Venture Investor
LSI Logic Corporation -
Venture Investor
UMC Capital
