Tech Company Financing Transactions
iVivity Funding Round
Grotech Ventures, Commonwealth Capital Ventures and H.I.G. Capital joined a $10 million Series D venture round for iVivity. This VC investment round was announced on 8/24/2006.
Transaction Overview
Company Name
Announced On
8/24/2006
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series D
Investors
Grotech Ventures (Lead Investor) (Joseph Zell)
Proceeds Purpose
The additional funding will be used to sustain the company's operations as revenue ramps from iVivity's recent design wins, as well as bring to market its next generation products and expand its world class engineering capabilities.
Company Information
Company Status
Out of Business
Industry
Semiconductors
Mailing Address
5555 Oakbrook Parkway 280
Norcross, GA 30093
USA
Norcross, GA 30093
USA
Phone
Website
Email Address
Overview
iVivity is a technology provider to storage networking OEMs, developing a new class of intelligent storage silicon (storage server on chip) that can terminate and initiate multiple protocols and allow application controlled payload processing and storage I/O switching at wirespeeds.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Thomas Burniece
VP - Bus. Development
David Guy
VP - Engineering
Jim O'Conner
VP - Marketing
Simon Fok
VP - Operations
Steve Meidell
Browse more venture capital transactions:
Prev: 8/24/2006: ChemoCentryx venture capital transaction
Next: 8/24/2006: Codexis venture capital transaction
Share this article
About Our Venture Capital Transactions Database
We report on every notable VC transaction. All VC database entries on this site are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs