Tech Company Financing Transactions
Nimbic Funding Round
Nimbic, operating out of Mountain View, received $6.9 million in investment from private investors.
Transaction Overview
Company Name
Announced On
3/28/2011
Transaction Type
Venture Equity
Amount
$6,901,915
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed. Total Sold includes conversion of existing convertible promissory note principal and interest of $1,888,417; warrants issued in connection with earlier note offering converted into warrants to purchase up to 1,035,321 shares of Series B Pref at $0.3284/sh. SEC regulatory filing.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
2063 Landings Dr.
Mountain View, CA 94043
USA
Mountain View, CA 94043
USA
Phone
Website
Email Address
Overview
Nimbic (formerly Physware) is the leading provider of SaaS-based, cloud-computing electronic design automation (EDA) solutions. Nimbic enables high-speed and high-capacity 3D electromagnetic signal integrity, power integrity and EMI analysis field solutions for the microelectronics industry.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Raul Camposano
Chief Marketing Officer
Bala Vishwanath
Chief Technical Officer
Vikram Jandhyala
VP - Engineering
Don MacMillen
VP - Sales
Keith Morton
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