Nirvanix Lands $10,000,000 Series B Financing Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=56550902-81cc-4870-bdf9-2af3cb0e8aa0&Preview=1 -
Date
11/10/2010 -
Company Name
Nirvanix -
Mailing Address
4445 Eastgate Mall San Diego, CA 92121 -
Company Description
Incorporated in 2007, Nirvanix was founded by storage industry veterans to create a massively-scalable media storage and delivery network (SDN) for the Internet. Offered as a web service, the Nirvanix SDS allows any Internet-enabled application to scale instantly to meet the demands for hosting and delivering millions of media files such as consumer video, audio, photographs and documents. -
Website
http://www.nirvanix.com -
Transaction Type
Venture Equity -
Transaction Amount
$10,000,000 -
Transaction Round
Series B -
Proceeds Purposes
The company expects that this combination of proven executive leadership and additional investment will expand market penetration of its Storage Delivery Network (SDN) on a global scale. -
M&A Terms
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Venture Investor
Intel Capital -
Venture Investor
Mission Ventures -
Venture Investor
Valhalla Partners -
Venture Investor
Windward Ventures
