Tech Company Financing Transactions
Crocus Technology Funding Round
On 6/17/2015, Crocus Technology announced $21 million in funding from IDinvest Partners, Kreos Capital and NanoDimension.
Transaction Overview
Company Name
Announced On
6/17/2015
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$21,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company, which has raised $194M (�180.3M) to date, intends to use the funds to deploy the strategy for its sensor product line in key target markets, strengthen its commercial resources, including finalizing a distribution network in Asia and reinforcing the support team, and develop new designs to enrich the product portfolio with integrated sensor and smart sensor applications.
Company Information
Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
2380 Walsh Ave.
Santa Clara, CA 95051
USA
Santa Clara, CA 95051
USA
Phone
Website
Email Address
Overview
Crocus Technology provides magnetic random access memory products and technologies for the semiconductor and electronic systems industries.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michel Desbard
General Manager
Zack Deiri
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