Anobit
Latest round
- Series A
Last raised
- Aug 2007
Total raised
- $17M
Investors
- 2
About Anobit
Anobit, Inc.Founded in 2006 in Israel, Anobit, Inc. develops semiconductor solutions, primarily centered on flash memory technology. The company was sold to Apple Inc. in December 2011 for USD 450 mn, marking a significant pivot in its ownership structure.Anobit, Inc. specializes in advanced semiconductor solutions, primarily focusing on flash memory technology and associated products. Their core offerings are designed to improve storage performance and reliability for a variety of applications, particularly in consumer electronics, data centers, and mobile devices. Anobit’s products include proprietary algorithms and controllers that enhance the efficiency of flash memory, thus addressing challenges related to data integrity and speed. The company targets a diverse client base, which includes major technology firms and original equipment manufacturers (OEMs) across North America, Europe, and Asia.Anobit, Inc. generates revenue through a structured B2B model, primarily involving direct sales of their semiconductor solutions to OEMs and tech companies. The transaction process typically involves long-term partnerships, where clients engage in bulk purchasing agreements based on their storage needs. Anobit offers tiered pricing plans that cater to varying capacities and performance levels of their flash memory products, which incentivizes higher volume purchases. This pricing strategy is designed to accommodate both large-scale applications in data centers and smaller-scale implementations in consumer electronics., Anobit, Inc. is expected to leverage its advanced technology to enhance product offerings and streamline production processes. The company is reportedly designing new innovative flash memory products aimed at high-performance applications, with potential launches scheduled in the coming years. Furthermore, Anobit is planning to expand into new geographic regions, specifically targeting markets in Asia and Europe, leveraging its resources and technology to meet growing storage demands. The USD 450 mn received from the Trade Sale in December 2011 will significantly support these initiatives, enabling the company to invest in research and development for future growth.
Who invested in Anobit
2 investors across 1 round
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Funding rounds
Series A
Aug 3, 2007
Amount
$17M
Investors
Questions about Anobit
Who invested in Anobit?
Anobit has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Anobit raised?
Anobit has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Anobit last raise money?
Anobit's most recent round on record is a Series A, in Aug 2007.
What does Anobit do?
Anobit is a semiconductors company.
Where is Anobit headquartered?
Anobit is headquartered in Israel.
Which VCs invest in companies like Anobit?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back semiconductors companies at Anobit's stage. Their profiles are linked below.
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