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Adesto - About the company

Adesto is an acquired company based in Sunnyvale (United States), founded in 2007 by Narbeh Derhacobian. It operates as a Low power CBRAM for IoT, health. Adesto has raised $75M in funding from investors like Adams Street Partners, Arch Venture Partners and Applied Materials, with last known valuation of $*****. The company has 155 active competitors, including 32 funded and 36 that have exited. Its top competitors include companies like Micron, Everspin and YMTC.

Company Details

Adesto Technologies is a semiconductor company that develops next-generation ultra-low-power embedded non-volatile memory technology CBRAM (Conductive Bridge RAM). Their technology offers storage that typically a hundred times less than standard flash cells without sacrificing performance. Their storage solutions are resistant to threshold levels of gamma and electron beam sterilization allowing medical applications. They also license their technology as well. Their contract manufacturers include United Microelectronics Corporation, Altis Semiconductor S.N.C, Amkor Technology, Inc.
Key Metrics
Founded Year
2007
Location
Sunnyvale, United States
Stage
Acquired
Total Funding
$75M in 15 rounds
Latest Funding Round
Last Known Valuation
$***** as on Feb 20, 2020
Ranked
Annual Revenue
$100M - $500M as on Dec 31, 2019
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Dialog Semiconductor (Feb 20, 2020)

Adesto's acquisition details

Adesto got acquired by Dialog Semiconductor on Feb 20, 2020 at an acquisition amount of $*****.
Click here to take a look at Adesto's acquisition in detail
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Adesto's funding and investors

Adesto has raised a total funding of $75M over 15 rounds. Its first funding round was on 2007. Adesto has 10 institutional investors.

Here is the list of recent funding rounds of Adesto:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 18, 2019
8635444
Post IPO
5615283
4454864
3565671
9394047
Sep 28, 2018
8951305
Post IPO
2219721
5475334
8415271
Jul 13, 2016
1280659
Conventional Debt
1697180
1559377
7380380
7512075
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Adesto's founders and board of directors

Founder? Claim Profile
The founders of Adesto is Narbeh Derhacobian. James Jolly is the CEO of Adesto.
Here are the details of Adesto's key team members:
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Adesto's Competitors and alternates

Top competitors of Adesto include Micron, Everspin and YMTC. Here is the list of Top 10 competitors of Adesto, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Micron
Micron
1978, Boise (United States), Public
Manufacturer of memory and storage solutions for various applications
$1.3B
81/100
2nd
Logo for Everspin
Everspin
2008, Chandler (United States), Public
Manufacturer of magnetoresistive random-access memory (MRAM) solutions. It designs, manufactures, and ships discrete and embedded MRAM and STT-MRAM products. These memory solutions are used in applications requiring data persistence, integrity, low latency, and security. The company's MRAM products are utilized across various markets including data centers, cloud storage, energy, industrial, automotive, and transportation sectors. It possesses a significant intellectual property portfolio and utilizes advanced manufacturing processes. The company offers both in-plane and perpendicular magnetic tunnel junction (MTJ) STT-MRAM bit cells.
$68.5M
63/100
3rd
Logo for YMTC
YMTC
2016, Wuhan (China), Series D
Manufacturer of non-volatile memory ICs
$220M
62/100
4th
Logo for Adesto
Adesto
2007, Sunnyvale (United States), Acquired
Low power CBRAM for IoT, health
$75M
58/100
5th
Logo for Silicon Storage Technology
Silicon Storage Technology
1989, Sunnyvale (United States), Acquired
Innovator of SuperFlash® and memBrain™ memory technology for diverse applications
$58.4M
-
55/100
6th
Logo for Floadia
Floadia
2011, Kodaira (Japan), Series D
Develops embedded non-volatile memory IP products
$14.1M
55/100
7th
Logo for Nimble Storage
Nimble Storage
2007, Houston (United States), Acquired
Primary Storage,Backup,Disaster Recovery
$98.8M
54/100
8th
Logo for Longsys
Longsys
1999, Shenzhen (China), Public
Develops NAND flash-based memory products
-
54/100
9th
Logo for Spansion
Spansion
2003, Sunnyvale (United States), Public
Semiconductor solutions for automotive, industrial, consumer, and security applications
-
54/100
10th
Logo for Netlist
Netlist
2000, Irvine (United States), Public
Provider of high-performance modular memory subsystems
-
53/100
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Adesto's Investments and acquisitions

Adesto has acquired 2 companies including Echelon and S3semi. Adesto has not made any investments as of now.

Reports related to Adesto

Here is the latest report on Adesto's sector:

News related to Adesto

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Navitas appoints Ron Shelton as new CFOSemiconductor TodayMay 27, 2022Navitas, Adesto
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