Tech Company Financing Transactions
Proton Digital Systems Funding Round
Proton Digital Systems, based in San Jose, secured $2 million from SKS Capital and private investors.
Transaction Overview
Company Name
Announced On
2/8/2013
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Seed
Investors
SKS Capital (Lead Investor) (Sanjay Srivastava)
Proceeds Purpose
The round provides capital to support Proton's continued development and expansion of its cutting-edge flash reliability IP products that address a major market requirement - increasing the endurance and longevity of Flash Memory.
Company Information
Company Status
Private & Independent
Industry
Components
Mailing Address
560 S. Winchester Blvd. 500
San Jose, CA 95128
USA
San Jose, CA 95128
USA
Phone
Website
Email Address
Overview
Proton Digital Systems is driving the revolution of high endurance low cost Flash solutions. Using its patented LDPC-based Flash Read Channel and Controller IP Solutions, Proton is able to dramatically extend the endurance of NAND Flash products versus currently available solutions -- all with power requirements 50% less than current market estimates.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Andrei Vityaev
Chief Technical Officer
Clifton Williamson
VP - Engineering
Hooman Parizi
VP - Sales
James Fife
Browse more venture capital transactions:
Prev: 2/8/2013: Kineta venture capital transaction
Next: 2/8/2013: Glaukos venture capital transaction
Share this article
News on VC Transactions
We do our best to record every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs