Tech Company Financing Transactions

Nimbic Funding Round

Nimbic, operating out of Mountain View, received $6.9 million in investment from private investors.

Transaction Overview

Company Name
Announced On
3/28/2011
Transaction Type
Venture Equity
Amount
$6,901,915
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed. Total Sold includes conversion of existing convertible promissory note principal and interest of $1,888,417; warrants issued in connection with earlier note offering converted into warrants to purchase up to 1,035,321 shares of Series B Pref at $0.3284/sh. SEC regulatory filing.

Company Information

Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
2063 Landings Dr.
Mountain View, CA 94043
USA
Email Address
Overview
Nimbic (formerly Physware) is the leading provider of SaaS-based, cloud-computing electronic design automation (EDA) solutions. Nimbic enables high-speed and high-capacity 3D electromagnetic signal integrity, power integrity and EMI analysis field solutions for the microelectronics industry.
Profile
Nimbic LinkedIn Company Profile
Social Media
Nimbic Company Twitter Account
Company News
Nimbic News
Facebook
Nimbic on Facebook
YouTube
Nimbic on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Raul Camposano
  Raul Camposano LinkedIn Profile  Raul Camposano Twitter Account  Raul Camposano News  Raul Camposano on Facebook
Chief Marketing Officer
Bala Vishwanath
  Bala Vishwanath LinkedIn Profile  Bala Vishwanath Twitter Account  Bala Vishwanath News  Bala Vishwanath on Facebook
Chief Technical Officer
Vikram Jandhyala
  Vikram Jandhyala LinkedIn Profile  Vikram Jandhyala Twitter Account  Vikram Jandhyala News  Vikram Jandhyala on Facebook
VP - Engineering
Don MacMillen
  Don MacMillen LinkedIn Profile  Don MacMillen Twitter Account  Don MacMillen News  Don MacMillen on Facebook
VP - Sales
Keith Morton
  Keith Morton LinkedIn Profile  Keith Morton Twitter Account  Keith Morton News  Keith Morton on Facebook


 

 

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Prev: 3/28/2011: Z2Live venture capital transaction
Next: 3/28/2011: Conductor venture capital transaction

 

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We do our best to report on tech company VC transactions. VC transactions reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.

 


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