Home › DMW Daily › December 20, 2007

Web-based Media Storage Provider Nirvanix Raises $12 Million

Authored by Mark Hefflinger on December 20, 2007 - 6:34am.

San Diego - Nirvanix, a provider of Web-based media storage services, announced that it has received an investment from Intel Capital.

Financial details of the deal were not disclosed.

Founded in 2007, San Diego-based Nirvanix provides businesses with storage services for user-generated content and other digital media, and counts over 100 customers.

The company announced a $12 million funding round earlier this year, from investors including Mission Ventures, Valhalla Partners and Windward Ventures.

 

Related Links:
http://www.nirvanix.com/bw121907.aspx

Published in DMW Daily, December 20, 2007
tags: Deals | Video | Intel Capital | Investments | Nirvanix |

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