NVELO Lands $6,555,160 Series A Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d8129149-ad9a-4afd-ace3-143e01172fd7&Preview=1 -
Date
7/6/2011 -
Company Name
NVELO -
Mailing Address
5201 Great America Parkway Santa Clara, CA 95054 -
Company Description
NVELO, Inc. is a pioneer in innovative storage software, bringing new intelligence into storage subsystems to break the I/O bottleneck in today’s computing systems. Formed as a spin-off company during the acquisition of Denali Software by Cadence Design Systems, NVELO started with world-class engineering and management teams from Denali. R&D on its flagship product “Dataplex”, started within Denali in 2007, and is now in the process of being introduced to the market through Computer OEM’s and SSD vendors. NVELO is a privately held company with headquarters in Santa Clara California. -
Website
http://www.nvelo.com -
Transaction Type
Debt, Venture Equity -
Transaction Amount
$6,555,160 -
Transaction Round
Series A -
Proceeds Purposes
Proceeds purposes were not disclosed. SEC regulatory filing. -
M&A Terms
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Venture Investor
Undisclosed
