Tech Company Financing Transactions

Xoomsys Funding Round

Xoomsys closed a $8 million Series B funding round on 5/29/2007. Investors included DAG Ventures, Benchmark Capital and Morgenthaler Ventures.

Transaction Overview

Company Name
Announced On
5/29/2007
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series B
Investors

DAG Ventures (Lead Investor) (Gregory Williams)

Benchmark Capital (Alexander Balkanski)

Morgenthaler Ventures (Robert Pavey)

Proceeds Purpose
The new funding will enable Xoomsys to expand its engineering and sales and support teams as it prepares for wide deployment of its breakthrough solution.

Company Information

Company Status
Out of Business
Industry
Semiconductors
Mailing Address
18922 Forge Drive B
Cupertino, CA 95014
USA
Email Address
Not Recorded
Overview
Xoomsys is developing a scalable, distributed processing solution for accurate large-scale circuit simulation using both industry-standard circuit simulators and cost-effective Linux computing clusters. Xoomsys' numerous breakthroughs in distributed processing enable orders of magnitude gain in simulation throughput with no loss in accuracy.
Profile
Xoomsys LinkedIn Company Profile
Social Media
Xoomsys Company Twitter Account
Company News
Xoomsys News
Facebook
Xoomsys on Facebook
YouTube
Xoomsys 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 Technical Officer
Sunil Shah
  Sunil Shah LinkedIn Profile  Sunil Shah Twitter Account  Sunil Shah News  Sunil Shah on Facebook
VP - Marketing
Anjaneya Thakar
  Anjaneya Thakar LinkedIn Profile  Anjaneya Thakar Twitter Account  Anjaneya Thakar News  Anjaneya Thakar on Facebook


 

 

Browse more venture capital transactions:

Prev: 5/29/2007: Talima Therapeutics venture capital transaction
Next: 5/30/2007: ChosenSecurity venture capital transaction

 

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Our team works diligently to record all VC transactions involving tech companies. All VC database entries reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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