Embedded memory startup T-RAM receives $35 million in funding

Memory startup T-RAM receives $35 million in funding

Memory startup T-RAM receives $35 million in funding
By Semiconductor Business News
June 20, 2002 (6:09 p.m. EST)
URL: http://www.eetimes.com/story/OEG20020620S0037

SAN JOSE -- Memory startup T-RAM Inc. here today announced it has received $35 million in its second round of financing. The total capitalization for the Sunnyvale-based company is about $46 million.

Investors in the company include New Enterprise Associates, Mayfield, US Venture Partners and Tallwood Venture Capital. Kenneth Young, CEO of T-RAM, said the funding would help bring the company's high-performance SRAM memory technology to market.

T-RAM is a two-year-old company that is developing a novel SRAM technology. T-RAM's SRAM technology will address discrete and embedded applications.