Tech Company Financing Transactions

Pyxis Technology Funding Round

Pyxis Technology closed a $9.2 million Series B investment round on 7/26/2006. Investors included Formative Ventures, Austin Ventures and Presidio Partners.

Transaction Overview

Company Name
Announced On
7/26/2006
Transaction Type
Venture Equity
Amount
$9,200,000
Round
Series B
Investors

Formative Ventures (Lead Investor) (Brian Connors)

Austin Ventures (Krishna Srinivasan)

Presidio Partners (Faysal Sohail)

Proceeds Purpose
Funds will be used for continuing R&D and to begin developing sales and marketing infrastructure to support customers for the company's DFM Routing technology.

Company Information

Company Status
Acquired or Merged
Industry
Software
Mailing Address
9020 Capital of Texas Hwy. N. Building 1 240
Austin, TX 78759
USA
Email Address
Overview
Pyxis Technology develops and markets EDA software for chip design and analysis, primarily focused on design closure, manufacturability, and time-to-market issues for sub-100nm process technologies.
Profile
Pyxis Technology LinkedIn Company Profile
Social Media
Pyxis Technology Company Twitter Account
Company News
Pyxis Technology News
Facebook
Pyxis Technology on Facebook
YouTube
Pyxis Technology on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Mitch Heins
  Mitch Heins LinkedIn Profile  Mitch Heins Twitter Account  Mitch Heins News  Mitch Heins on Facebook
Co-Founder
Joe Rahmeh
  Joe Rahmeh LinkedIn Profile  Joe Rahmeh Twitter Account  Joe Rahmeh News  Joe Rahmeh on Facebook
VP - Engineering
Sharad Mehrotra
  Sharad Mehrotra LinkedIn Profile  Sharad Mehrotra Twitter Account  Sharad Mehrotra News  Sharad Mehrotra on Facebook
VP - Sales
John Ennis
  John Ennis LinkedIn Profile  John Ennis Twitter Account  John Ennis News  John Ennis on Facebook


 

 

Browse more venture capital transactions:

Prev: 7/26/2006: Planitax venture capital transaction
Next: 7/27/2006: Emphasys Medical venture capital transaction

 

Share this article

 


News on VC Transactions

We do our best to report on tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary