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
Investors
Ranked
4th among 155 active competitors
Annual Revenue
$100M - $500M as on Dec 31, 2019
Exit Details
Acquired by Dialog Semiconductor (Feb 20, 2020)
Legal entities associated with Adesto
Adesto is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ADESTO TECHNOLOGIES CORP CIN: 1395848 , United States, Active | $100M - $500M (As on Dec 31, 2019) | - | - |
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:
Filter 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 |
View details of Adesto's funding rounds and investors
Adesto's founders and board of directors
Founder? Claim ProfileThe founders of Adesto is Narbeh Derhacobian. James Jolly is the CEO of Adesto.
Here are the details of Adesto's key team members:
- Narbeh Derhacobian: Co-Founder & CEO of Adesto. Contact Info: 1 email address
View details of Adesto's Founder profiles and Board 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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Micron 1978, Boise (United States), Public | Manufacturer of memory and storage solutions for various applications | $1.3B | 81/100 | |
2nd | 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 | Manufacturer of non-volatile memory ICs | $220M | 62/100 | ||
4th | Adesto 2007, Sunnyvale (United States), Acquired | Low power CBRAM for IoT, health | $75M | 58/100 | |
5th | Silicon Storage Technology 1989, Sunnyvale (United States), Acquired | Innovator of SuperFlash® and memBrain™ memory technology for diverse applications | $58.4M | - | 55/100 |
6th | Develops embedded non-volatile memory IP products | $14.1M | 55/100 | ||
7th | Nimble Storage 2007, Houston (United States), Acquired | Primary Storage,Backup,Disaster Recovery | $98.8M | 54/100 | |
8th | Develops NAND flash-based memory products | - | 54/100 | ||
9th | Spansion 2003, Sunnyvale (United States), Public | Semiconductor solutions for automotive, industrial, consumer, and security applications | - | 54/100 | |
10th | Netlist 2000, Irvine (United States), Public | Provider of high-performance modular memory subsystems | - | 53/100 |
Looking for more details on Adesto's competitors? Click here to see the top ones
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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XiP memories optimized for embedded AI and BluetoothEenewseurope•Aug 14, 2020•Dialog Semiconductor, Adesto
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Rigrodsky & Long, P.A. Reminds Investors of Investigations of MergersGlobeNewswire•Mar 09, 2020•Rigrodskylong, Mobile Mini Solutions, Adesto, Front Yard Residential and 1 other
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Monteverde & Associates PC Announces an Investigation on the Following MergersPR Newswire•Feb 21, 2020•Monteverde, Etrade, Adesto
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Rowley Law PLLC is Investigating Proposed Acquisition of Adesto Technologies CorporationPR Newswire•Feb 20, 2020•Rowley Law, Adesto
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WeissLaw LLP Investigates Adesto Technologies CorporationPR Newswire•Feb 20, 2020•Weisslawllp, Adesto
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