Tech Company Financing Transactions

NextIO Funding Round

On 2/29/2008, NextIO raised $18.8 million in Series C funding from Adams Capital Management, Crescendo Ventures and JK&B Capital.

Transaction Overview

Company Name
Announced On
2/29/2008
Transaction Type
Venture Equity
Amount
$18,800,000
Round
Series C
Investors

Adams Capital Management (Lead Investor) (George Ugras)

Crescendo Ventures (Lead Investor) (Wayne Cantwell)

JK&B Capital (Connie Capone)

Proceeds Purpose
The funding will be used by NextIO to further expand its development team and sales channels in preparation for the upcoming release of several virtualization system products in 2008.

Company Information

Company Status
Out of Business
Industry
Semiconductors
Mailing Address
8303 N MoPac Expressway A210
Austin, TX 78759
USA
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
NextIO LinkedIn Company Profile
Social Media
NextIO Company Twitter Account
Company News
NextIO News
Facebook
NextIO on Facebook
YouTube
NextIO on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
KC Murphy
  KC Murphy LinkedIn Profile  KC Murphy Twitter Account  KC Murphy News  KC Murphy on Facebook
Co-Founder
Chris Pettey
  Chris Pettey LinkedIn Profile  Chris Pettey Twitter Account  Chris Pettey News  Chris Pettey on Facebook


 

 

Browse more venture capital transactions:

Prev: 2/28/2008: Waywire Enterprise venture capital transaction
Next: 2/29/2008: Arriva Pharmaceuticals venture capital transaction

 

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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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