FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

ADAMS STREET PARTNERS LLC

2. Date of Event Requiring Statement (MM/DD/YYYY)
10/27/2015 

3. Issuer Name and Ticker or Trading Symbol

ADESTO TECHNOLOGIES Corp [IOTS]

(Last)        (First)        (Middle)

ONE NORTH WACKER DRIVE, STE 2200

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                            ___ X ___ 10% Owner
_____ Officer (give title below)          _____ Other (specify below)

(Street)

CHICAGO, IL 60606       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Series A Common Stock   5208333   I   By Funds   (1) (7)
Series B Common Stock   4734849   I   By Funds   (2) (7)
Series C Common Stock   1688103   I   By Funds   (3) (7)
Series D Common Stock   1166510   I   By Funds   (4) (7)
Series D-1 Common Stock   785675   I   By Funds   (5) (7)
Series E Common Stock   1875793   I   By Funds   (6) (7)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:
( 1)  Represents 2,446,060 shares held by Adams Street 2006 Direct Fund, L.P. and 2,762,273 shares held by Adams Street 2007 Direct Fund, L.P.
( 2)  Represents 2,223,691 shares held by Adams Street 2006 Direct Fund, L.P. and 2,511,158 shares held by Adams Street 2007 Direct Fund, L.P.
( 3)  Represents 792,807 shares held by Adams Street 2006 Direct Fund, L.P. and 895,296 shares held by Adams Street 2007 Direct Fund, L.P.
( 4)  Represents 547,844 shares held by Adams Street 2006 Direct Fund, L.P. and 618,666 shares held by Adams Street 2007 Direct Fund, L.P.
( 5)  Represents 368,987 shares held by Adams Street 2006 Direct Fund, L.P. and 416,688 shares held by Adams Street 2007 Direct Fund, L.P.
( 6)  Represents 880,954 shares held by Adams Street 2006 Direct Fund, L.P. and 994,839 shares held by Adams Street 2007 Direct Fund, L.P.
( 7)  The shares owned by each of Adams Street 2006 Direct Fund, L.P. and Adams Street 2007 Direct Fund, L.P. may be deemed to be beneficially owned by Adams Street Partners, LLC, the managing member of the general partner of each of Adams Street 2006 Direct Fund, L.P. and Adams Street 2007 Direct Fund, L.P. David Brett, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray, Sachin Tulyani, Craig D. Waslin, and David S. Welsh, each of whom is a partner of Adams Street Partners, LLC (or a subsidiary thereof), may be deemed to have shared voting and investment power over the shares. Adams Street Partners, LLC and David Brett, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray, Sachin Tulyani, Craig D. Waslin, and David S. Welsh disclaim beneficial ownership of the shares except to the extent of their pecuniary interest therein.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
ADAMS STREET PARTNERS LLC
ONE NORTH WACKER DRIVE
STE 2200
CHICAGO, IL 60606

X


Signatures
/s/ Sara Robinson Dasse 10/28/2015
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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