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Spin Memory
company
About
Spin Transfer Technologies develops its orthogonal magnetoresistive random access memory technology.
- 51 - 100
Highlights
Details
- Last Funding Type
- Series A
- Last Funding Money Raised
- $36M
- Industries
- Data Storage,Hardware,Software
- Founded date
- Jan 1, 2007
- Number Of Employee
- 51 - 100
- Operating Status
- Active
Spin Transfer Technologies, Inc. was established by Allied Minds and New York University to develop and commercialize its orthogonal spin transfer magnetoresistive random access memory technology, OST-MRAM. The technology, discovered by Professor Andrew Kent, has enormous implications for the development of spin transfer MRAM devices, including faster switching times, lower power operation and scalability to smaller dimensions.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
2
$88M
Spin Memory has raised a total of
$88M
in funding over 2 rounds. Their latest funding was raised on
Nov 12, 2018 from a Series B round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Nov 12, 2018 | Series B | $52M | 1 | — | — | Detail |
| Feb 13, 2012 | Series A | $36M | 1 | — | — | Detail |
Investors
Number of Lead Investors
Number of Investors
—
2
Spin Memory is funded by 2 investors.
Invesco Asset Management
and Invesco
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
|
— | Series B |
Invesco
|
— | Series A |
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