Tech Company Financing Transactions

Xelerated Funding Round

Accomplice and Alta Partners joined a $12.5 million Series A funding round for Xelerated. The round was recorded on 7/14/2003.

Transaction Overview

Company Name
Announced On
7/14/2003
Transaction Type
Venture Equity
Amount
$12,500,000
Round
Series A
Investors

Accomplice (Lead Investor) (Gerry Montanus)

Alta Partners

Proceeds Purpose
The funding will be used in ongoing sales and marketing of the Xelerator" X10q network processor family, and the continued development of its next generation products.

Company Information

Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
2700 Augustine Drive 255
Santa Clara, CA 95054
USA
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
Xelerated LinkedIn Company Profile
Social Media
Xelerated Company Twitter Account
Company News
Xelerated News
Facebook
Xelerated on Facebook
YouTube
Xelerated on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Eva Lindqvist
  Eva Lindqvist LinkedIn Profile  Eva Lindqvist Twitter Account  Eva Lindqvist News  Eva Lindqvist on Facebook
Chief Financial Officer
Per-Olov Ostberg
  Per-Olov Ostberg LinkedIn Profile  Per-Olov Ostberg Twitter Account  Per-Olov Ostberg News  Per-Olov Ostberg on Facebook
VP - Operations
Johnny Johansson
  Johnny Johansson LinkedIn Profile  Johnny Johansson Twitter Account  Johnny Johansson News  Johnny Johansson on Facebook
VP - Sales
Anders Ericsson
  Anders Ericsson LinkedIn Profile  Anders Ericsson Twitter Account  Anders Ericsson News  Anders Ericsson on Facebook


 

 

Browse more venture capital transactions:

Prev: 7/11/2003: ImmunGene venture capital transaction
Next: 7/14/2003: Native Networks venture capital transaction

 

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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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