Nexaweb Technologies Garners $10,000,000 Series B Funding Round

  • Feed Type
  • Date
    9/25/2006
  • Company Name
    Nexaweb Technologies
  • Mailing Address
    One Van de Graaff Drive Burlington, MA 01803
  • Company Description
    Nexaweb provides the leading software platform for building and deploying Enterprise Internet Applications.
  • Website
    http://www.nexaweb.com/
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    This latest capital investment supports Nexaweb’s accelerated growth in the Enterprise Web 2.0 and Rich Internet Application (RIA) markets and further strengthens its financial position, adding to its steady sales revenue stream.
  • M&A Terms
  • Venture Investor
    Egan-Managed Capital
  • Venture Investor
    Masthead Venture Partners
  • Venture Investor
    Velocity Equity Partners