Tech Company Financing Transactions

Pyxis Technology Funding Round

Pyxis Technology, based in Austin, received $5.3 million in investment from Austin Ventures, Formative Ventures and KT Venture Group.

Transaction Overview

Company Name
Announced On
2/12/2008
Transaction Type
Venture Equity
Amount
$5,250,000
Round
Series B
Investors

Austin Ventures (Krishna Srinivasan)

Formative Ventures

KT Venture Group (Stefano Concina)

Presidio Partners (Faysal Sohail)

Proceeds Purpose
The new funds will be used to accelerate deployment of the Pyxis NexusRoute high-performance, yield-aware auto-router announced in September of 2007.

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


 

 

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Next: 2/12/2008: First Thirty Days venture capital transaction

 

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