Tech Company Financing Transactions

NetEffect Funding Round

TL Ventures, Austin Ventures and Duchossois Technology Partners participated in a $22 million Series A funding round for NetEffect. The round closed on 5/10/2004.

Transaction Overview

Company Name
Announced On
5/10/2004
Transaction Type
Venture Equity
Amount
$22,000,000
Round
Series A
Investors

TL Ventures (Lead Investor) (Eric Rothfus)

Austin Ventures (Clark Jernigan)

Duchossois Technology Partners

Granite Ventures (Sam Kingsland)

Infinity Venture Capital Fund (Bruce Graham)

Jatotech Ventures (Walt Thirion)

TI Ventures

Proceeds Purpose
This funding enables NetEffect to rapidly deliver industry-leading Ethernet solutions to the market and achieve significant market penetration and rapid revenue growth.

Company Information

Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
9211 Waterford Centre Blvd 100
Austin, TX 78758
USA
Email Address
Overview
NetEffect, headquartered in Austin, Texas, is a fabless semiconductor company developing silicon to enable the next generation of high-performance, multi-gigabit Ethernet.
Profile
NetEffect LinkedIn Company Profile
Social Media
NetEffect Company Twitter Account
Company News
NetEffect News
Facebook
NetEffect on Facebook
YouTube
NetEffect on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Rick Maule
  Rick Maule LinkedIn Profile  Rick Maule Twitter Account  Rick Maule News  Rick Maule on Facebook
Chief Financial Officer
Rob Senders
  Rob Senders LinkedIn Profile  Rob Senders Twitter Account  Rob Senders News  Rob Senders on Facebook
Vice President
Dave Sommers
  Dave Sommers LinkedIn Profile  Dave Sommers Twitter Account  Dave Sommers News  Dave Sommers on Facebook
VP - Engineering
Terry Hulett
  Terry Hulett LinkedIn Profile  Terry Hulett Twitter Account  Terry Hulett News  Terry Hulett on Facebook
VP - Sales
Bill Maxwell
  Bill Maxwell LinkedIn Profile  Bill Maxwell Twitter Account  Bill Maxwell News  Bill Maxwell on Facebook


 

 

Browse more venture capital transactions:

Prev: 5/10/2004: Simpler Networks venture capital transaction
Next: 5/10/2004: IQS venture capital transaction

 

Share this article

 


About Database of VC Transactions

We do our best to document every notable VC transaction. VC investment data records on this site are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary