Nirvanix Lands $10,000,000 Series B Financing Round
- Feed Type
- 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
- Venture Investor
Intel Capital - Venture Investor
Mission Ventures - Venture Investor
Valhalla Partners - Venture Investor
Windward Ventures
