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Adesto Adds Fourth Venture Capital Funding

Tuesday, September 11, 2012 5:32:00 AM PDT | VentureDeal

   Sunnyvale, California  --  Semiconductor developer Adesto Technologies has garnered $14 million in series D venture capital financing, according to an SEC filing.

Adesto says that its mission is to turn CBRAM technology into a platform of memory solutions that spans low-cost to high-performance solutions.

Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.

Adesto is still seeking $25 million in additional financing, according to the filing.

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