Tech Company Financing Transactions
NGD Systems Funding Round
On 2/14/2018, NGD Systems raised $12.4 million in Series B funding from Partech Partners, Alcor Micro and BGV.
Transaction Overview
Company Name
Announced On
2/14/2018
Transaction Type
Venture Equity
Amount
$12,400,000
Round
Series B
Investors
Proceeds Purpose
The proceeds will be used for strategic growth initiatives, including the acceleration of go-to-market activities, continued innovation of the company's technology, and migration of its advanced 14nm SSD controller to mass production. The new round of financing brings NGD's total capital investment to date to $26M.
Company Information
Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
355 Goddard 200
Irvine, CA 92618
USA
Irvine, CA 92618
USA
Phone
Website
Email Address
Overview
Founded in mid 2013, NGD Systems (formerly NxGnData) is a privately held company focused on the design and manufacture of a new generation of Intelligent SSD Solutions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Nader Salessi
Chief Financial Officer
Alfredo Talavera
Chief Technical Officer
Vladimir Alves
Executive Vice President
Richard Mataya
VP - Bus. Development
Eli Tiomkin
VP - Marketing
Scott Shadley
VP - Sales
Michael Yousef
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