Tech Company Financing Transactions
Nevis Networks Funding Round
Nevis Networks, operating out of Pune, secured $12.5 million from New Enterprise Associates, BlueRun Ventures and New Path Ventures.
Transaction Overview
Company Name
Announced On
7/18/2005
Transaction Type
Venture Equity
Amount
$12,500,000
Round
Series B
Investors
Proceeds Purpose
Nevis will use these funds to bring its products to market and expand its sales and marketing workforce.
Company Information
Company Status
Acquired or Merged
Industry
Networking
Mailing Address
Bhau Patil Marg 34 Aundh Road
Pune, 411020
India
Pune, 411020
India
Phone
Website
Email Address
Overview
Nevis Networks, Inc. was a startup company developing a new class of solutions for enterprise security. In 2009, Aviram Networks acquired the struggling company and relaunched it. In 2017, Qualys bought Nevis Networks via a cash-transaction asset purchase agreement.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ajit Shelat
General Manager
Chi Zhang
VP - Engineering
Raghu Iyer
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We do our best to report on every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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