Tech Company Financing Transactions

Innov-X Systems Funding Round

On 1/9/2007, Innov-X Systems raised $28.8 million in Series A funding from Summit Partners and Rand Capital.

Transaction Overview

Company Name
Announced On
1/9/2007
Transaction Type
Venture Equity
Amount
$28,750,000
Round
Series A
Investors

Summit Partners (Lead Investor) (John Carroll)

Rand Capital

Proceeds Purpose
Don Sackett, President of InnovX said, "By working together with Summit Partners, we are poised to further accelerate our development of new products and proprietary technology, expand our global presence, and exceed our customers' expectation for quality."

Company Information

Company Status
Acquired or Merged
Industry
Electronics
Mailing Address
100 Sylvan Road 500
Woburn, MA 01801
USA
Email Address
Overview
Innov-X Systems was founded in early 2001 to revitalize the XRF industry with a pioneering approach to portable analyzers. When Innov-X delivered the world's first x-ray tube-based portable XRF, a new era in portable XRF began. We set XRF technology free to live outside the box!
Profile
Innov-X Systems LinkedIn Company Profile
Social Media
Innov-X Systems Company Twitter Account
Company News
Innov-X Systems News
Facebook
Innov-X Systems on Facebook
YouTube
Innov-X Systems on YouTube

Management Team

Title
Name
Email & Social
   LinkedIn Profile   Twitter Account   News   on Facebook


 

 

Browse more venture capital transactions:

Prev: 1/9/2007: Boxbe venture capital transaction
Next: 1/9/2007: Sequoia Pharmaceuticals venture capital transaction

 

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