Last updated 2026-07-26
- Acquired by SanDisk for $1.6B, Nov 2006
- Raised $5M Undisclosed Round led by Giza Venture Capital, Dec 1998
- Raised Follow-on PO, Feb 2000
Total raised
$5.0M
Last: Undisclosed Round 1999-01
Stage
Acquired
Founded
1989
Headcount
822
HQ
Kfar Saba, Israel
Sector
Industrial Technologies
About
M-Systems Ltd. was an Israeli company founded in 1989 by Dov Moran and Aryeh Mergi. They specialized in developing and producing flash memory storage solutions for consumer and embedded applications. The company was a Nasdaq-listed pioneer in non-volatile memory technology, known for innovations like the DiskOnChip, the first flash drive, and the DiskOnKey, the first USB flash drive. M-Systems also developed TrueFFS, a flash translation layer and file system for flash media. The company was acquired by SanDisk in 2006.
Funding history · 2 rounds · $5.0M total
2000-02
Follow-on PO
Undisclosed
1998-12
Undisclosed Round
$5.0M
★ Giza Venture Capital★ Veritas Venture Partners★ Evergreen Venture Partners
Q&A
- What is M-Systems' primary business?
- M-Systems was an Israeli company that specialized in developing and producing flash memory storage solutions for consumer and embedded applications.
- When was M-Systems founded and by whom?
- M-Systems was founded in January 1989 by Dov Moran and Aryeh Mergi.
- What notable products did M-Systems develop?
- M-Systems was known for developing and patenting the first flash drive, DiskOnChip, and the first USB flash drive, DiskOnKey. They also developed TrueFFS, a flash translation layer and file system for flash media.
- What was the outcome for M-Systems?
- M-Systems was acquired by SanDisk in November 2006 for an amount of $1,550,000,000.
- What was the total amount of funding M-Systems raised before its acquisition?
- M-Systems raised a total of $172,000,000 in funding.
- What is M-Systems' primary sector classification?
- M-Systems' primary sector is Industrial Technologies.
Team · 2
Dov Moran
Founder · Founder
Aryeh Mergi
Founder · Founder
Sectors & technology
Primary sector
Industrial Technologies
Sub-sectors
Industrial TechnologiesMicroelectronics & Photonics Solutions
Technologies
Semiconductors & ElectronicsSystem-on-a-chip
Business model
B2B
Highlights
1 Patents
Tags
semiconductors
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | www.m-sys.com |
|---|---|
| Wikipedia | en.wikipedia.org/wiki/M-Systems |
| Wikidata | wikidata.org/wiki/Q1228755 |
Identifiers & details
| Legal name | M-Systems Flash Disk Pioneers Ltd. |
|---|---|
| Founded | 1989-1 |
| Employees (exact) | 822 |
| Status reason | Acquired by SanDisk on Nov, 2006 |
| Wikidata QID | Q1228755 |
Acquisitions & public offerings
Acquired by SanDisk 2006-11 $1.6B
Radar intelligence
Patents
| EPO | 3620 |
|---|
Wikidata
| QID | Q1228755 |
|---|