Tech Company Financing Transactions
Spin Memory Funding Round
Woodford Investment Management, INVESCO Private Capital and SandAire invested in a $70 million funding round for Spin Memory. The funding round was announced on 10/10/2014.
Transaction Overview
Company Name
Announced On
10/10/2014
Transaction Type
Venture Equity
Amount
$70,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate commercial development.
Company Information
Company Status
Private & Independent
Industry
Components
Mailing Address
45500 Northport Loop West
Fremont, CA 94538
USA
Fremont, CA 94538
USA
Phone
Website
Email Address
Overview
Spin Memory (previously Spin Transfer Technologies) is dedicated to solving the scaling and power problems of today's memories. To meet these goals, Spin Memory is collaborating with world leaders to transform the semiconductor industry by offering MRAM solutions to replace on-chip SRAM, stand-alone persistent memories, and a range of other non-volatile memories.
Management Team
Title
Name
Email & Social
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We report on all VC transactions involving tech companies. All VC database entries reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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