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Avalanche Technology Adds Venture Capital Debt

Thursday, July 05, 2012 5:34:00 AM PDT | VentureDeal

Fremont, California  --  Semiconductor technology company Avalanche Technology has garnered $12.5 million in venture capital debt financing.

Avalanche has developed disruptive low power non-volatile magnetic memory semiconductor technologies.

Horizon Technology Finance provided the debt financing.

The company said it would use the funding to support its continued development efforts.

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