Tech Company Financing Transactions
Mempile Funding Round
Mempile, based in Neve Ilan, raised $11.6 million from Kodiak Venture Partners, Alta Partners and Israel Seed Partners.
Transaction Overview
Company Name
Announced On
3/3/2004
Transaction Type
Venture Equity
Amount
$11,600,000
Round
Series B
Investors
Proceeds Purpose
The money added to the company's reserves is intended to consolidate our financial stability, and expand development and marketing in the US and Japan.
Company Information
Company Status
Out of Business
Industry
Electronics
Mailing Address
Kiryat Hatikshoret
Neve Ilan, 90850
Israel
Neve Ilan, 90850
Israel
Phone
Website
Email Address
Overview
Mempile Ltd. is a developer of next-generation, high-capacity optical storage designed to hold up to one Terabyte (1,000 Gigabytes) of information on a single cost-effective removable disc with a size akin to today's DVDs.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Moty Mebel
Chief Financial Officer
Adi Uziel
Chief Marketing Officer
Beth Erez
Chief Technical Officer
Ortal Alpert
Vice President
Nir Halup
Vice President
Ariel Litwak
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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