Tech Company Financing Transactions
Avalanche Technology Funding Round
Avalanche Technology, based in Fremont, scored $23 million from Horizon Technology Finance, Rogers Ventures and Thomvest Ventures.
Transaction Overview
Company Name
Announced On
2/2/2016
Transaction Type
Debt
Debt
Venture Equity
Venture Equity
Debt
Venture Equity
Venture Equity
Amount
$23,000,000
Round
Undisclosed
Investors
Proceeds Purpose
This equity round and debt facility will enable Avalanche's transition from R&D to commercialization and production in 2016, with its family of patent-backed discrete and embedded non-volatile memory products based on STT-MRAM.
Company Information
Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
3450 West Warren Ave.
Fremont, CA 94538
USA
Fremont, CA 94538
USA
Phone
Website
Email Address
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
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Petro Estakhri
Chief Financial Officer
Robert Netter
Chief Technical Officer
Rajiv Ranjan
VP - Engineering
Ebrahim Abedifard
VP - Engineering
Yiming Huai
VP - Marketing
Danny Sabour
VP - Operations
Sam Nemazie
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