The company has secured $25.3m for the round so far, the first capital it has raised since its $35m Qualcomm and Rogers Communications-backed series D in 2013.
Avalanche Technologies, a US-based memory chip manufacturer backed by mobile chip manufacturer Qualcomm and telecommunications firm Rogers Communications, has raised $25.3m, VentureDeal reported yesterday, citing a regulatory filing.
Investors in the series E round have not yet been revealed. The filing shows Avalanche is seeking an additional $1.7m to close out the round.
Founded in 2006, Avalanche produces solid-state storage and related memory technologies that enable computers to access data within nanoseconds. The technology has applications for a range of…
