Xconomy San Diego

VXI Technology, Inc. Receives $24,499,000 New Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b3d0f0ed-ca26-44ea-8bfb-4e787b9a4ed4&Preview=1
Date
6/30/2008
Company Name
VXI Technology, Inc.
Mailing Address
2031 Main Street Irvine, CA 92614
Company Description
VXI Technology, Inc. (VTI) is the market leader in functional test and data acquisition systems. ISO9001:2000 registered, the company serves the aerospace, automotive, avionics, defense, industrial automation, medical, satellite communications, and telecom markets.
Website
http://www.vxitech.com
Transaction Type
Venture Equity
Transaction Amount
$24,499,000
Transaction Round
Undisclosed
Proceeds Purposes
Proceeds purposes were not disclosed.
M&A Terms
Venture Investor
Undisclosed