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SanDisk Launches $75M Venture Capital Initiative

[Techtaffy Newsdesk]

SanDisk has launched a venture capital initiative to invest in companies aligned with SanDisk’s key strategic priorities.

The new venture initiative – SanDisk Ventures – will manage a $75 million fund for investment in startups that are developing flash memory technology solutions. Specific areas targeted for investment include next-generation solid-state memory technology, enterprise storage, storage technologies managing “big data,” and cloud-based computing technologies.

 

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Bipsync Raises $1.5M

Bipsync, a research automation platform for investment professionals, has closed a $1.5 million round of seed financing. Investors in the round include Russell Siegelman (Stanford Lecturer and Partner Emeritus, Kleiner Perkins Caufield & Byers), David Eisner (Founder of themarkets.com), and Steadfast Venture Capital.