About Crocus Technology
Crocus Technology is a company based in Santa Clara (United States) founded in 2004 was acquired by Allegro MicroSystems in August 2023. Crocus Technology has raised $105.55 million across 8 funding rounds from investors including Allegro MicroSystems, Idinvest Partners and Kreos Capital. Crocus Technology operates in a competitive market with competitors including Paragraf, Allegro MicroSystems, QST Corporation, QuantumDiamonds and Voltafield Technology, among others.
- Headquarter Santa Clara, United States
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Crocus Technology International Corp.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$105.55 M (USD)
in 8 rounds
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Latest Funding Round
Not available
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Investors
Allegro MicroSystems
& 11 more
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Employee Count
Not available
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Acquired by
Allegro MicroSystems
(Aug 10, 2023)
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People of Crocus Technology
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Funding Insights of Crocus Technology
Crocus Technology has successfully raised a total of $105.55M across 8 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Crocus Technology
Crocus Technology has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include Allegro MicroSystems, Idinvest Partners and Kreos Capital.
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Equity investments are provided to low and middle market companies.
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Industrial investments are managed by the UK-based firm.
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Investor details for Crocus Technology
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Investments & Acquisitions by Crocus Technology
Investment portfolio details for Crocus Technology
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Financial Statements - Crocus Technology
Detailed financials for Crocus Technology
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Crocus Technology Comparisons
Peer comparison for Crocus Technology
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Competitors of Crocus Technology
Crocus Technology operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Paragraf, Allegro MicroSystems, QST Corporation, QuantumDiamonds and Voltafield Technology, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Graphene-based magnetic sensors are developed using proprietary processes.
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Magnetic sensors and related ICs are manufactured for diverse sectors.
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MEMS sensors utilizing anisotropic magnetoresistive technology are developed.
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Diamond-based quantum technology is provided for diagnostics and manufacturing.
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Motion sensing products based on magneto-resistance technology are developed.
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Detailed competitors of Crocus Technology
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Latest news on Crocus Technology
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Frequently Asked Questions about Crocus Technology
Crocus Technology was founded in 2004 and raised its 1st funding round 2 years after it was founded.
Crocus Technology is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.
Crocus Technology is a funded company, having raised a total of $105.55M across 8 funding rounds to date.
Crocus Technology SA provides magnetic technology based sensor for the semiconductor and electronic systems industries. It offers its products for use in telecommunication, networking, storage, computing, and handheld applications. It works with Magnetic Logic Unit (MLU), a CMOS-based magnetic technology. MLU offers important advantages in high speed, security, and robust performance at lower cost for its broadening portfolio of embedded products and non-volatile memory blocks. The company is working to merge TAS (Thermal Assisted Switching) technology with Spin Torque Transfer technology for use with smaller feature-size semiconductor processes.
Crocus Technology's top competitors include Paragraf, Allegro MicroSystems and NVE Corporation.
Crocus Technology has 12 investors. Key investors include Allegro MicroSystems, Idinvest Partners, Kreos Capital, Innovation Capital, and NanoDimension.