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Adesto Secures Venture Capital Debt Funding

Wednesday, October 17, 2012 5:36:00 AM PDT | VentureDeal

   Sunnyvale, California  --  Adesto Technologies has secured $22.5 million in new venture capital debt investment.

Adesto is developing a platform of memory solutions from CBRAM technology.

Opus Bank made the loan.

Adesto said it would use the financing to broaden their product line and fund their revenue growth initiatives.

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