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Adesto Technologies Wins 2014 Red Herring Top 100 North America Award
Tuesday, May 20, 2014.
Ultra Low Power Semiconductor Solutions Provider Recognized by Top Industry Professionals
Sunnyvale, Calif. — May 20, 2014 / Businesswire/ — Adesto Technologies, a leading provider of innovative semiconductor solutions for code and data storage applications, today announced it has been selected as a Red Herring Top 100 North America winner for 2014, honoring the year’s most promising private technology ventures. Adesto develops proprietary memory technologies and solutions specifically addressing low power applications such as wearable and battery-operated mobile computing. Its CBRAM® technology is the world’s first commercially available resistive memory technology, a disruptive technology that enables fast and extremely low-power operation for energy-conscious applications.
Winners of the 2014 Red Herring 100 North America award were judged upon technological innovation, management strength, market size, investor record, customer acquisition and financial health. During the several months leading up to the announcement, hundreds of companies in the fields of security, Web 2.0, software, hardware, life sciences, cloud, mobile and others completed their submissions to qualify for the award.
“With the explosion of electronic accessories in every part of the world, Adesto is positioned to have a profound impact on the experience we have with many of our connected devices,” said Narbeh Derhacobian, CEO of Adesto. “Our technological progress and rapid growth into commercial markets make Adesto a natural fit for this recognition. We are pleased to be included among the winners.”