Nirvanix Receives $25,000,000 Series C Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fac2c85c-2777-4db6-aeff-13c790336d08&Preview=1 -
Date
5/3/2012 -
Company Name
Nirvanix -
Mailing Address
9191 Towne Centre Drive San Diego, CA 92122 -
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
$25,000,000 -
Transaction Round
Series C -
Proceeds Purposes
The company plans to utilize the capital infusion to significantly expand its engineering organization and accelerate the delivery of innovative new cloud storage services while increasing its global footprint across sales and marketing. -
M&A Terms
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Venture Investor
Khosla Ventures -
Venture Investor
Valhalla Partners -
Venture Investor
Intel Capital -
Venture Investor
Mission Ventures -
Venture Investor
Windward Ventures
