Tech Company Financing Transactions
Spin Memory Funding Round
Spin Memory secured a Series B funding round on 7/20/2020. Backers included Abies Ventures, Allied Minds and Applied Ventures.
Transaction Overview
Company Name
Announced On
7/20/2020
Transaction Type
Venture Equity
Amount
Unknown
Round
Series B
Investors
Proceeds Purpose
The additional funding will support Spin Memory's continued research for MRAM as the company pushes the envelope -- exploring new discoveries and advances to bring SRAM-like MRAM to market. As DRAM and SRAM are hitting scaling and efficiency limits, demand for a novel, memory alternative is rapidly growing.
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Thomas Sparkman
Chief Technical Officer
Mustafa Pinarbasi
Vice President
Les Crudele
Vice President
Amitay Levi
VP - Bus. Development
Jeffrey Lewis
VP - Product Management
Andrew Walker
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Where The Data Comes From
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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