Tech Company Financing Transactions
NextIO Funding Round
On 12/15/2003, NextIO secured $10 million in Series A funding from Adams Capital Management, JK&B Capital and VentureTech Alliance.
Transaction Overview
Company Name
Announced On
12/15/2003
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors
Adams Capital Management (Lead Investor) (George Ugras)
JK&B Capital (Connie Capone)
Proceeds Purpose
The funding will be used to expand NextIO's development efforts and engineering team, including the addition of several design and verification engineers.
Company Information
Company Status
Out of Business
Industry
Semiconductors
Mailing Address
8303 N MoPac Expressway A210
Austin, TX 78759
USA
Austin, TX 78759
USA
Phone
Website
Email Address
Overview
NextIO is the industry leader in I/O Virtualization using PCI Express. NextIO's solutions enable users to break the restrictions of physical I/O tied to a server. Systems become more flexible, lower cost, and easier to manage, all while maintaining legacy HW and SW technologies.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
KC Murphy
Co-Founder
Chris Pettey
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Where The Data Comes From
We report on every notable VC transaction. VC investment data records reported here are derived from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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