Tech Company Financing Transactions
Innov-X Systems Funding Round
On 1/9/2007, Innov-X Systems raised $28.8 million in Series A funding from Summit Partners and Rand Capital.
Transaction Overview
Company Name
Announced On
1/9/2007
Transaction Type
Venture Equity
Amount
$28,750,000
Round
Series A
Investors
Summit Partners (Lead Investor) (John Carroll)
Proceeds Purpose
Don Sackett, President of InnovX said, "By working together
with Summit Partners, we are poised to further accelerate our development of new
products and proprietary technology, expand our global presence, and exceed our
customers' expectation for quality."
Company Information
Company Status
Acquired or Merged
Industry
Electronics
Mailing Address
100 Sylvan Road 500
Woburn, MA 01801
USA
Woburn, MA 01801
USA
Phone
Website
Email Address
Overview
Innov-X Systems was founded in early 2001 to revitalize the XRF industry with a pioneering approach to portable analyzers. When Innov-X delivered the world's first x-ray tube-based portable XRF, a new era in portable XRF began. We set XRF technology free to live outside the box!
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 1/9/2007: Boxbe venture capital transaction
Next: 1/9/2007: Sequoia Pharmaceuticals venture capital transaction
Share this article
About Our VC Transactions Data
We do our best to report on every notable VC transaction. VC investment data records on this site are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs