NextIO Finds $12.3M More

Austin-based NextIO, the developer of I/O virtualization products led by K.C. Murphy, said today that it has closed a $12.3M, Series F funding round. The company said the round included its existing investors, as well as an un-named strategic investor. THe new funding goes towards sales and marketing efforts, plus its products. Next I/O's investors include Adams Capital Management, Crescendo Ventures, Dell Computer, JK&B Capital, and VentureTech Alliance. The new funding brings the company's total raised to around $75.0M. More information »