Tech Company Financing Transactions
Xelerated Funding Round
Xelerated closed a $17 million Series C financing round on 4/20/2005. Investors included Accel Partners, Accomplice and Alta Partners.
Transaction Overview
Company Name
Announced On
4/20/2005
Transaction Type
Venture Equity
Amount
$17,000,000
Round
Series C
Investors
Proceeds Purpose
The funding will be used to build out sales and support globally as well as to accelerate the development of next generation products.
Company Information
Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
2700 Augustine Drive 255
Santa Clara, CA 95054
USA
Santa Clara, CA 95054
USA
Phone
Website
Email Address
Overview
Xelerated is a fabless semiconductor company recognized as being the only network processor vendor to have combined the efficiency of an ASIC with the programmability of traditional network processors.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Eva Lindqvist
Chief Financial Officer
Per-Olov Ostberg
VP - Operations
Johnny Johansson
VP - Sales
Anders Ericsson
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We report on every notable VC transaction. All VC database entries reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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