Tech Company Financing Transactions
NextIO Funding Round
NextIO, based in Austin, secured $12.3 million in funding from Adams Capital Management and private investors.
Transaction Overview
Company Name
Announced On
5/17/2012
Transaction Type
Venture Equity
Amount
$12,300,000
Round
Series F
Investors
Adams Capital Management (George Ugras)
Proceeds Purpose
NextIO, which demonstrated significant growth in 2011, will use the new funds to further expand sales and marketing efforts and to further expand NextIO's family of I/O consolidation solutions.
Company Information
Company Status
Out of Business
Industry
Semiconductors
Mailing Address
8303 N MoPac Expressway A210
Austin, TX 78759
USA
Austin, TX 78759
USA
Phone
Website
Email Address
Overview
NextIO is the industry leader in I/O Virtualization using PCI Express. NextIO's solutions enable users to break the restrictions of physical I/O tied to a server. Systems become more flexible, lower cost, and easier to manage, all while maintaining legacy HW and SW technologies.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
KC Murphy
Co-Founder
Chris Pettey
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Where The Data Comes From
We report on every notable VC transaction. VC investment data records reported here are derived from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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