Xconomy Boston

Xtalic Corporation Lands $10,000,000 Series B Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=772e6d91-56b4-4b8f-a079-9a724c18398d&Preview=1
Date
10/31/2008
Company Name
Xtalic Corporation
Mailing Address
260 Cedar Hill Street Marlborough, MA 01752
Company Description
Xtalic is focused on providing new nanostructured alloys for use in the hard metal coatings industry. Our new technology allows us to precisely tailor the properties of metallic coatings by controlling their structure at the nanometer scale.
Website
http://www.xtalic.com
Transaction Type
Venture Equity
Transaction Amount
$10,000,000
Transaction Round
Series B
Proceeds Purposes
Proceeds purposes were not disclosed.
M&A Terms
Venture Investor
Matrix Partners
Venture Investor
North Bridge Venture Partners