Chelsio Communications Obtains $17,000,000 New Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=290a8d33-2755-42c0-9213-ab831a0ee9ef&Preview=1
Date
11/16/2009
Company Name
Chelsio Communications
Mailing Address
370 San Aleso Ave. Sunnyvale, CA 94085
Company Description
Chelsio Communications is leading the convergence of networking, storage and clustering interconnects with its robust, high-performance and proven protocol acceleration technology.
Website
http://www.chelsio.com
Transaction Type
Venture Equity
Transaction Amount
$17,000,000
Transaction Round
Undisclosed
Proceeds Purposes
It uses those chips in network adapter cards for enterprise computers and storage devices.
M&A Terms
Venture Investor
New Enterprise Associates
Venture Investor
INVESCO Private Capital
Venture Investor
Investor Growth Capital
Venture Investor
LSI Logic Corporation
Venture Investor
NTT Finance Corporation
Venture Investor
Ventana Capital
Venture Investor
Pacesetter Capital Group
Venture Investor
Horizon Ventures
Venture Investor
Undisclosed