About Everspin
Everspin is a company based in Chandler (United States) founded in 2008. Everspin has raised $68.5 million across 9 funding rounds from investors including GlobalFoundries, New Venture Partners and Sigma Partners. The company has 87 employees as of December 31, 2024. Everspin offers products and services including PERSYST MRAM and EMxxLX MRAM. Everspin operates in a competitive market with competitors including Samsung, Adesto, d-Matrix, Avalanche Technology and Nimble Storage, among others.
- Headquarter Chandler, United States
- Employees 87 as on 31 Dec, 2024
- Stage Public
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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 Everspin Technologies, Inc.
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Annual Revenue
$50.4 M (USD)-20.96as on Dec 31, 2024
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Net Profit
$781 K (USD)-91.37as on Dec 31, 2024
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EBITDA
-$5.36 M (USD)-175.6as on Dec 31, 2024
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Total Equity Funding
$68.5 M (USD)
in 9 rounds
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Latest Funding Round
$14 M (USD), Series B
Dec 16, 2014
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Investors
GlobalFoundries
& 7 more
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Employee Count
87
as on Dec 31, 2024
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IPO & Listings of Everspin
Everspin is a publicly listed company on the NASDAQ with ticker symbol MRAM in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Everspin
Everspin offers a comprehensive portfolio of products and services, including PERSYST MRAM and EMxxLX MRAM.
High-performance non-volatile memory for FPGA configuration
High-density memory with fast read and write speeds
People of Everspin
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Funding Insights of Everspin
Everspin has successfully raised a total of $68.5M across 9 strategic funding rounds. The most recent funding activity was a Series B round of $14 million completed in December 2014. 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 Everspin
Everspin has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include GlobalFoundries, New Venture Partners and Sigma Partners.
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Seed-to-growth investments are made in US and Europe.
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Early-stage VC investments are made in US, Canada, and Asia.
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Seed and early-stage technology companies are funded by Lux Capital.
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Investor details for Everspin
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Investments & Acquisitions by Everspin
Investment portfolio details for Everspin
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Financial Statements - Everspin
Detailed financials for Everspin
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Everspin Comparisons
Peer comparison for Everspin
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Competitors of Everspin
Everspin 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 Samsung, Adesto, d-Matrix, Avalanche Technology and Nimble Storage, among others.
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Multi-category electronic products are manufactured globally by the company.
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Ultra-low-power CBRAM technology is developed for IoT and health applications.
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Digital in-memory compute engines are developed for efficient AI processing.
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Non-volatile memory is developed using proprietary STT-MRAM technology.
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Primary storage, backup, and disaster recovery solutions are delivered.
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Fabless semiconductor components for CPU memory interfaces are developed.
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Detailed competitors of Everspin
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Latest news on Everspin
Complete news archive for Everspin
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Frequently Asked Questions about Everspin
Everspin was founded in 2008.
Everspin is headquartered in Chandler, United States. It is registered at Chandler, Arizona, United States.
Everspin is a funded company, having raised a total of $68.5M across 9 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Everspin is 87.
Annual revenue of Everspin is $50.4M as on Dec 31, 2024.
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 companys 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.
Everspin's top competitors include Samsung, d-Matrix and Avalanche Technology.
Everspin offers PERSYST MRAM and EMxxLX MRAM.
Yes, Everspin is publicly traded on NASDAQ under the ticker symbol MRAM.
Everspin has 8 investors. Key investors include GlobalFoundries, New Venture Partners, Sigma Partners, Lux Capital, and DFJ.
The ticker symbol of Everspin is MRAM on NASDAQ.