Fenwick & West represented Avalanche Technology, Inc., a leader in next generation memory technology, in its $23 million funding round. Thomvest Ventures, Vulcan Capital, Rogers Venture Partners and VTB Capital participated in the round.
The funding will enable Avalanche to ramp to production and commercialization its family of patent-backed discrete and embedded non-volatile memory products based on STT-MRAM. More information about Avalanche Technology’s $23 million financing can be obtained from the company press release.
The Fenwick transaction team was led by corporate lawyers Dennis DeBroeck and Jacob McQuown.