Tech Company Financing Transactions

Nirvanix Funding Round

On 5/3/2012, Nirvanix raised $25 million in Series C funding from Khosla Ventures, Intel Capital and Mission Ventures.

Transaction Overview

Company Name
Announced On
5/3/2012
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series C
Investors

Khosla Ventures (Lead Investor) (David Weiden)

Intel Capital

Mission Ventures (David Ryan)

Valhalla Partners (Charles Curran)

Windward Ventures (David Titus)

Proceeds Purpose
The company plans to utilize the capital infusion to significantly expand its engineering organization and accelerate the delivery of innovative new cloud storage services while increasing its global footprint across sales and marketing.

Company Information

Company Status
Out of Business
Industry
Infrastructure
Mailing Address
9191 Towne Centre Drive 510
San Diego, CA 92122
USA
Email Address
Overview
Incorporated in 2007, Nirvanix was founded by storage industry veterans to create a massively-scalable media storage and delivery network (SDN) for the Internet.
Profile
Nirvanix LinkedIn Company Profile
Social Media
Nirvanix Company Twitter Account
Company News
Nirvanix News
Facebook
Nirvanix on Facebook
YouTube
Nirvanix on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Debra Chrapaty
  Debra Chrapaty LinkedIn Profile  Debra Chrapaty Twitter Account  Debra Chrapaty News  Debra Chrapaty on Facebook
Chief Financial Officer
Major Horton
  Major Horton LinkedIn Profile  Major Horton Twitter Account  Major Horton News  Major Horton on Facebook
VP - Engineering
Dave Barr
  Dave Barr LinkedIn Profile  Dave Barr Twitter Account  Dave Barr News  Dave Barr on Facebook
VP - Operations
Randall Hollis
  Randall Hollis LinkedIn Profile  Randall Hollis Twitter Account  Randall Hollis News  Randall Hollis on Facebook
VP - Sales
Tina Gravel
  Tina Gravel LinkedIn Profile  Tina Gravel Twitter Account  Tina Gravel News  Tina Gravel on Facebook


 

 

Browse more venture capital transactions:

Prev: 5/3/2012: Fluidinfo venture capital transaction
Next: 5/4/2012: Evive Station venture capital transaction

 

Share this article

 


About Our VC Transactions Data

We document every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary