NextIO Lands $12,300,000 Series F Funding Round

  • Feed Type
  • Date
    5/17/2012
  • Company Name
    NextIO
  • Mailing Address
    8303 N MoPac Expressway Austin, TX 78759
  • Company Description
    NextIO is the industry leader in I/O Virtualization using PCI Express. NextIO’s solutions enable users to break the restrictions of physical I/O tied to a server. Systems become more flexible, lower cost, and easier to manage, all while maintaining legacy HW and SW technologies.
  • Website
    http://www.nextio.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $12,300,000
  • Transaction Round
    Series F
  • Proceeds Purposes
    NextIO, which demonstrated significant growth in 2011, will use the new funds to further expand sales and marketing efforts and to further expand NextIO’s family of I/O consolidation solutions.
  • M&A Terms
  • Venture Investor
    Adams Capital Management
  • Venture Investor
    Undisclosed

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