Xconomy Boston

Nexaweb Technologies Garners $4,300,000 Series A Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9af4f648-1b1b-4d71-858b-f183432aceec&Preview=1
Date
5/19/2003
Company Name
Nexaweb Technologies
Mailing Address
One Van de Graaff Drive Burlington, MA 01803
Company Description
Nexaweb provides the leading software platform for building and deploying Enterprise Internet Applications.
Website
http://www.nexaweb.com/
Transaction Type
Venture Equity
Transaction Amount
$4,300,000
Transaction Round
Series A
Proceeds Purposes
This round of financing allows Nexaweb to deepen and expand its commitment to meeting critical enterprise software deployment needs.
M&A Terms
Venture Investor
Egan-Managed Capital
Venture Investor
Masthead Venture Partners
Venture Investor
Velocity Equity Partners