Tech Company Financing Transactions

Nexant Funding Round

Nexant closed a $43 million funding round on 9/21/2010. Investors included Intel Capital, Oak Investment Partners and Telesoft Partners.

Transaction Overview

Company Name
Announced On
9/21/2010
Transaction Type
Venture Equity
Amount
$43,000,000
Round
Undisclosed
Investors

Intel Capital (Steven Eichenlaub)

Oak Investment Partners (Bandel Carano)

Telesoft Partners

Proceeds Purpose
This new capital will enable us to develop and deploy our new platform, GridSmart, and multiple new applications like TrakSmart for the next-generation power grid. In addition, we will strengthen and expand our Chemsystems offerings worldwide.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
101 2nd St. 1000
San Francisco, CA 94105
USA
Email Address
Overview
Nexant is a provider of intelligent grid software and clean energy solutions--pioneering, developing, and advancing electric power grid and alternative energy technologies and services.
Profile
Nexant LinkedIn Company Profile
Social Media
Nexant Company Twitter Account
Company News
Nexant News
Facebook
Nexant on Facebook
YouTube
Nexant on YouTube

Management Team

Title
Name
Email & Social
Chairman
Arjun Gupta
  Arjun Gupta LinkedIn Profile  Arjun Gupta Twitter Account  Arjun Gupta News  Arjun Gupta on Facebook
Chief Executive Officer
Basem Sarandah
  Basem Sarandah LinkedIn Profile  Basem Sarandah Twitter Account  Basem Sarandah News  Basem Sarandah on Facebook
Vice President
Bryan Haney
  Bryan Haney LinkedIn Profile  Bryan Haney Twitter Account  Bryan Haney News  Bryan Haney on Facebook
Vice President
Narasimham Vempati
  Narasimham Vempati LinkedIn Profile  Narasimham Vempati Twitter Account  Narasimham Vempati News  Narasimham Vempati on Facebook
VP - Finance
Ashish Tulsyan
  Ashish Tulsyan LinkedIn Profile  Ashish Tulsyan Twitter Account  Ashish Tulsyan News  Ashish Tulsyan on Facebook
VP - Marketing
Jennifer Denherder
  Jennifer Denherder LinkedIn Profile  Jennifer Denherder Twitter Account  Jennifer Denherder News  Jennifer Denherder on Facebook


 

 

Browse more venture capital transactions:

Prev: 9/21/2010: Sadra Medical venture capital transaction
Next: 9/21/2010: Quintic venture capital transaction

 

Share this article

 


Where The Data Comes From

We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary