Although NextIO said its latest round came from "existing investors and an undisclosed strategic investor," the company's regulatory filing showed Jay Chong, investment director at Samsung's US corporate venturing unit, as a director on its board.
NextIO, a US-based provider of data centre consolidation and networking services, has raised $12.3m in its series F round from a consortium including a strategic investor – understood to be Korea-based conglomerate Samsung.
Although NextIO said its latest round came from "existing investors and an undisclosed strategic investor," the company’s regulatory filing showed Jay Chong, investment director at Samsung’s US corporate venturing unit, as a director on its board.
US-based computer company Dell had previously reportedly not taken…
