Everspin Increases Series B Funding to $29M with Strategic Investments from GLOBALFOUNDRIES and Western Digital Capital

January 26, 2015

Chandler, AZ, January 26, 2015 - Everspin Technologies, Inc., the world's leading developer and manufacturer of discrete and embedded MRAM, today announced that the company has closed its $29 Million (USD) Series B round of venture capital and strategic investment. New Everspin strategic investors include GLOBALFOUNDRIES and Western Digital Capital, joining current investors New Venture Partners, Lux Capital, Sigma Partners, Epic Ventures, and Draper Fisher Jurvetson.

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