Tech Company Financing Transactions
NetXen Funding Round
NetXen, based in Cupertino, secured $16 million from Accel Partners, Benchmark Capital and Integral Capital Partners.
Transaction Overview
Company Name
Announced On
12/31/2006
Transaction Type
Venture Equity
Amount
$16,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
18922 Forge Drive
Cupertino, CA 95014
USA
Cupertino, CA 95014
USA
Phone
Website
Email Address
Overview
NetXen, founded in 2002, is a leading provider of high-performance networking and protocol processing solutions. The company stands at the forefront of a major shift in technology in the enterprise datacenter. Blade servers, server consolidation, and the convergence of network fabrics at 10 Gigabit speeds are driving an exponential increase in both data volumes and complexity.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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