Nirvanix Receives $25,000,000 Series C Financing

  • Feed Type
  • Date
    5/3/2012
  • Company Name
    Nirvanix
  • Mailing Address
    9191 Towne Centre Drive San Diego, CA 92122
  • 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
    $25,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The company plans to utilize the capital infusion to significantly expand its engineering organization and accelerate the delivery of innovative new cloud storage services while increasing its global footprint across sales and marketing.
  • M&A Terms
  • Venture Investor
    Khosla Ventures
  • Venture Investor
    Valhalla Partners
  • Venture Investor
    Intel Capital
  • Venture Investor
    Mission Ventures
  • Venture Investor
    Windward Ventures