Tech Company Financing Transactions
Nexxo Financial Funding Round
Nexxo Financial, operating out of Burlingame, secured $7.5 million from Menlo Ventures and Sutter Hill Ventures.
Transaction Overview
Company Name
Announced On
1/10/2008
Transaction Type
Venture Equity
Amount
$7,500,000
Round
Series C
Investors
Menlo Ventures (Douglas Carlisle)
Sutter Hill Ventures (Gregory Sands)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
111 Anza Blvd. 200
Burlingame, CA 94010
USA
Burlingame, CA 94010
USA
Phone
Website
Email Address
Overview
Nexxo customers have given up the cumbersome, expensive and time-consuming outdated way of sending money. They are taking advantage of 21st century technology and send money that is fast, confidential, convenient, easy and economical!
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
David Alvarez
VP - Bus. Development
Craig McDonald
Browse more venture capital transactions:
Prev: 1/10/2008: Ze-Gen venture capital transaction
Next: 1/10/2008: Outspark venture capital transaction
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Our team works diligently to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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