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Dell ducks Nextio E round

Aug 2, 2011 • Toby Lewis

The latest reported funding would take Nextio to $61.5m raised in its eight year history.

US-based computer company Dell has reportedly not taken part in US-based data centre company Nextio’s latest $8.5m round, despite previously investing in the company.

The Series E round was led by venture firms Intuitive Venture Partners and included venture firms Crescendo Ventures and Adams Capital Management, according to news provider Fortune, which cited rival news provider Dow Jones VentureWire.

Existing shareholders Dell and venture firm JK&B Capital did not invest, Fortune said.

The company raised $10m in series…

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Dell ducks Nextio E round

Aug 2, 2011 • Toby Lewis

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