Tech Company Financing Transactions

Avalanche Technology Funding Round

Bessemer Venture Partners, Sequoia Capital and Qualcomm Ventures participated in a $30 million Series D funding round for Avalanche Technology. The round was recorded on 7/31/2012.

Transaction Overview

Company Name
Avalanche Technology
Announced On
7/31/2012
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series D
Investors

Bessemer Venture Partners (Lead Investor) (Umesh Padval)

Sequoia Capital (Lead Investor) (Gaurav Garg)

Qualcomm Ventures

Thomvest Ventures

VTB Capital

Vulcan Capital

Proceeds Purpose
The company will use the funding to get the first samples of its chips into customers' hands sometime in the first half of next year, with full production expected around the second half of next year.

Company Information

Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
3450 West Warren Ave.
Fremont, CA 94538
USA
Phone
(510) 897-3300
Website
www.avalanche-technology.com
Email Address
[email protected]
Overview
Avalanche is a disruptive technology company developing innovative, ultra high performance enterprise solid-state storage arrays using tightly integrated hardware/software and leveraging its own non-volatile magnetic memory.
Profile
Avalanche Technology LinkedIn Company Profile
Social Media
Avalanche Technology Company Twitter Account
Company News
Avalanche Technology News
Facebook
Avalanche Technology on Facebook
YouTube
Avalanche Technology on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Petro Estakhri
  Petro Estakhri LinkedIn Profile  Petro Estakhri Twitter Account  Petro Estakhri News  Petro Estakhri on Facebook
Chief Financial Officer
Robert Netter
  Robert Netter LinkedIn Profile  Robert Netter Twitter Account  Robert Netter News  Robert Netter on Facebook
Chief Technical Officer
Rajiv Ranjan
  Rajiv Ranjan LinkedIn Profile  Rajiv Ranjan Twitter Account  Rajiv Ranjan News  Rajiv Ranjan on Facebook
VP - Engineering
Ebrahim Abedifard
  Ebrahim Abedifard LinkedIn Profile  Ebrahim Abedifard Twitter Account  Ebrahim Abedifard News  Ebrahim Abedifard on Facebook
VP - Engineering
Yiming Huai
  Yiming Huai LinkedIn Profile  Yiming Huai Twitter Account  Yiming Huai News  Yiming Huai on Facebook
VP - Marketing
Danny Sabour
  Danny Sabour LinkedIn Profile  Danny Sabour Twitter Account  Danny Sabour News  Danny Sabour on Facebook
VP - Operations
Sam Nemazie
  Sam Nemazie LinkedIn Profile  Sam Nemazie Twitter Account  Sam Nemazie News  Sam Nemazie on Facebook

 

 

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Prev: 7/31/2012: Videolicious venture capital transaction
Next: 7/31/2012: TrueVision Systems venture capital transaction

 

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We do our best to report on tech company VC transactions. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 

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