Tech Company Financing Transactions
NetEffect Funding Round
Austin Ventures, Duchossois Technology Partners and Granite Ventures participated in a $25 million Series B funding round for NetEffect. The round was announced on 7/24/2006.
Transaction Overview
Company Name
Announced On
7/24/2006
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series B
Investors
Proceeds Purpose
NetEffect is releasing its first wave of multi-gigabit Ethernet products. Until now, providing multi-gigabit connectivity has been an expensive proposition using non-Ethernet solutions.
Company Information
Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
9211 Waterford Centre Blvd 100
Austin, TX 78758
USA
Austin, TX 78758
USA
Phone
Website
Email Address
Overview
NetEffect, headquartered in Austin, Texas, is a fabless semiconductor company developing silicon to enable the next generation of high-performance, multi-gigabit Ethernet.
Management Team
Title
Name
Email & Social
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We do our best to document every notable VC transaction. VC investment data records on this site are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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