NexGen Storage Garners $10,000,000 New Financing Round

  • Feed Type
  • Date
    11/15/2011
  • Company Name
    NexGen Storage
  • Mailing Address
    361 Centennial Parkway Louisville, CO 80027
  • Company Description
    NexGen Storage delivers the industry’s first SAN solutions with configurable, deterministic performance and Quality of Service (QoS) for virtual server environments.
  • Website
    http://www.nexgenstorage.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The company plans to use the new funds to expand sales, marketing, engineering, and operations activities to support accelerating customer demand. NexGen Storage will sell exclusively through resellers and is in the process of signing partners across the country.
  • M&A Terms
  • Venture Investor
    Next World Capital
  • Venture Investor
    Grotech Ventures
  • Venture Investor
    Access Venture Partners

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