Spin Transfer Technologies Garners $70,000,000 New Financing

  • Feed Type
  • Date
    10/10/2014
  • Company Name
    Spin Transfer Technologies
  • Mailing Address
    45500 Northport Loop West Fremont, CA 94538 USA
  • Company Description
    New York University and Allied Minds have teamed to establish Spin Transfer Technologies (STT) to develop and commercialize advanced spin transfer magnetoresistive random access memory (MRAM) technologies.
  • Website
    http://www.spintransfer.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $70,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The company intends to use the funds to accelerate commercial development.
  • M&A Terms
  • Venture Investor
  • Venture Investor
  • Venture Investor

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