Tech Company Financing Transactions
Xelerated Funding Round
Accomplice and Alta Partners joined a $10 million Series B funding round for Xelerated. The round was recorded on 10/5/2004.
Transaction Overview
Company Name
Announced On
10/5/2004
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series B
Investors
Accomplice (Lead Investor) (Gerard Montanus)
Proceeds Purpose
The additional funding raised will allow the company to expand its sales and customer support organization
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.
Management Team
Title
Name
Email & Social
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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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