Tech Company Financing Transactions
NetEffect Funding Round
NetEffect closed a $4.5 million financing round on 6/19/2007. Backers included Hercules Technology Growth Capital.
Transaction Overview
Company Name
Announced On
6/19/2007
Transaction Type
Debt
Amount
$4,500,000
Round
Undisclosed
Investors
Hercules Technology Growth Capital (Ed Messman)
Proceeds Purpose
Rick Maule, CEO of NetEffect said, "The infusion of growth capital from Hercules will enable us to expand the sales and marketing efforts for these next generation products."
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Rick Maule
Chief Financial Officer
Rob Senders
Vice President
Dave Sommers
VP - Engineering
Terry Hulett
VP - Sales
Bill Maxwell
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