Tech Company Financing Transactions

NGD Systems Funding Round

On 2/14/2018, NGD Systems raised $12.4 million in Series B funding from Partech Partners, Alcor Micro and BGV.

Transaction Overview

Company Name
Announced On
2/14/2018
Transaction Type
Venture Equity
Amount
$12,400,000
Round
Series B
Investors

Partech Partners (Lead Investor) (Reza Malekzadeh)

Alcor Micro

BGV (Amir Nayyerhabibi)

Orange Ventures

Proceeds Purpose
The proceeds will be used for strategic growth initiatives, including the acceleration of go-to-market activities, continued innovation of the company's technology, and migration of its advanced 14nm SSD controller to mass production. The new round of financing brings NGD's total capital investment to date to $26M.

Company Information

Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
355 Goddard 200
Irvine, CA 92618
USA
Email Address
Overview
Founded in mid 2013, NGD Systems (formerly NxGnData) is a privately held company focused on the design and manufacture of a new generation of Intelligent SSD Solutions.
Profile
NGD Systems LinkedIn Company Profile
Social Media
NGD Systems Company Twitter Account
Company News
NGD Systems News
Facebook
NGD Systems on Facebook
YouTube
NGD Systems on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Nader Salessi
  Nader Salessi LinkedIn Profile  Nader Salessi Twitter Account  Nader Salessi News  Nader Salessi on Facebook
Chief Financial Officer
Alfredo Talavera
  Alfredo Talavera LinkedIn Profile  Alfredo Talavera Twitter Account  Alfredo Talavera News  Alfredo Talavera on Facebook
Chief Technical Officer
Vladimir Alves
  Vladimir Alves LinkedIn Profile  Vladimir Alves Twitter Account  Vladimir Alves News  Vladimir Alves on Facebook
Executive Vice President
Richard Mataya
  Richard Mataya LinkedIn Profile  Richard Mataya Twitter Account  Richard Mataya News  Richard Mataya on Facebook
VP - Bus. Development
Eli Tiomkin
  Eli Tiomkin LinkedIn Profile  Eli Tiomkin Twitter Account  Eli Tiomkin News  Eli Tiomkin on Facebook
VP - Marketing
Scott Shadley
  Scott Shadley LinkedIn Profile  Scott Shadley Twitter Account  Scott Shadley News  Scott Shadley on Facebook
VP - Sales
Michael Yousef
  Michael Yousef LinkedIn Profile  Michael Yousef Twitter Account  Michael Yousef News  Michael Yousef on Facebook


 

 

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