Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=117e75a7-3efd-420b-b632-daed916574ea&Preview=1
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.
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.