Adesto Technologies Garners $22,500,000 New Funding
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=96300b6a-6f4d-4f5c-8c60-4d2611ae5d7e&Preview=1 -
Date
10/16/2012 -
Company Name
Adesto Technologies -
Mailing Address
1250 Borregas Avenue Sunnyvale, CA 94089 -
Company Description
Adesto Technologies was founded in 2006 by a team of experienced semiconductor memory developers. The company’s mission is to turn CBRAM technology into a platform of memory solutions that spans from the lowest cost, lowest power embedded chip to the highest performing solid state storage solution. The graphic below shows the breadth of the CBRAM Technology’s capabilities that drive Adesto’s FlexRAM Platform. -
Website
http://www.adestotech.com -
Transaction Type
Debt -
Transaction Amount
$22,500,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
The capital funding we provided to Adesto will be used to broaden their product line, expand their offerings, and increase their revenues. -
M&A Terms
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Venture Investor
Opus Bank
