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

  • Feed Type
  • 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

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  • ExEmployee@vtiinstruments.com

    I know what this money was used for, and I know how it was paid back, by eliminating jobs and benefits of the people that make this company successful in the first place.