Nexsi Raises Another $75M

Amerindo Investment Advisors led the round, which raises Nexsi's total equity financing to nearly $90 million

September 25, 2000

1 Min Read

SAN JOSE, Calif. -- Nexsi Corporation, a pioneer of high-performance network infrastructure solutions for the broadband economy, today announced it has raised $75 million in a new round of funding. Completion of this round raises Nexsi's total equity financing to nearly $90 million. Amerindo Investment Advisors led the round. Additional investors include Capital Research Group, Presidio Venture Partners, Mitsui Corporation, and Soros Investments. Previous investors Sequoia Capital and Raza Ventures also participated in the round.

"We are pleased to have the endorsement of this team of investors and partners," said Ramesh Panwar, Co-Founder and CEO of Nexsi Corporation. "Their support validates our vision of broadband content infrastructure that addresses the challenges of service providers today while providing them with a growth path for tomorrow."

http://www.nexsi.com

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