Crocus Technology Lands $45,000,000 New Financing

  • Feed Type
  • Date
    7/11/2013
  • Company Name
    Crocus Technology
  • Mailing Address
    2380 Walsh Ave Santa Clara, CA 95051
  • Company Description
    Crocus’ proprietary 2nd generation Magnetic Random Access Memory (MRAM) technology enables dense, non-volatile, high-speed, scalable memories for standalone and embedded chip applications.
  • Website
    http://www.crocus-technology.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $45,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The new funding enables Crocus to significantly ramp up manufacturing at TowerJazz Semiconductors.
  • M&A Terms
  • Venture Investor
    Idinvest Partners
  • Venture Investor
    Sofinnova Ventures
  • Venture Investor
    Industrial Investors
  • Venture Investor
    NanoDimension
  • Venture Investor
    Ventech

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