Tech Company Financing Transactions

Grandis Funding Round

On 6/30/2005, Grandis raised $10 million in funding from Applied Ventures, Matrix Partners and Sevin Rosen Funds.

Transaction Overview

Company Name
Announced On
6/30/2005
Transaction Type
Venture Equity
Amount
$10,020,000
Round
Undisclosed
Investors

Applied Ventures (Julien Nguyen)

Matrix Partners (Shirish Sathaye)

Sevin Rosen Funds (Steven Domenik)

Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Acquired or Merged
Industry
Communications
Mailing Address
1123 Cadillac Court
Milpitas, CA 95035
USA
Email Address
Overview
Grandis is the pioneer in developing and licensing innovative non-volatile memory solutions derived from cutting-edge research in spintronics. Its mission is to enable revolutionary products through application of the electron's spin to store, manipulate and transmit information.
Profile
Grandis LinkedIn Company Profile
Social Media
Grandis Company Twitter Account
Company News
Grandis News
Facebook
Grandis on Facebook
YouTube
Grandis on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Farhad Tabrizi
  Farhad Tabrizi LinkedIn Profile  Farhad Tabrizi Twitter Account  Farhad Tabrizi News  Farhad Tabrizi on Facebook
Chief Financial Officer
Allen Morton
  Allen Morton LinkedIn Profile  Allen Morton Twitter Account  Allen Morton News  Allen Morton on Facebook
VP - Bus. Development
Alexander Driskill-Smith
  Alexander Driskill-Smith LinkedIn Profile  Alexander Driskill-Smith Twitter Account  Alexander Driskill-Smith News  Alexander Driskill-Smith on Facebook
VP - R & D
Mohamad Krounbi
  Mohamad Krounbi LinkedIn Profile  Mohamad Krounbi Twitter Account  Mohamad Krounbi News  Mohamad Krounbi on Facebook


 

 

Browse more venture capital transactions:

Prev: 6/30/2005: Emergent Respiratory Products venture capital transaction
Next: 6/30/2005: Verari Systems venture capital transaction

 

Share this article

 


News on VC Transactions

Our team works diligently to report on all VC transactions involving tech companies. All VC database entries reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary