New Enterprise Associates invests $10.4 mln in IIX's Series A round
IIX Inc, a Silicon Valley startup with ties to Ontario's Niagara region, recently obtained US$10.4 million in Series A financing. The investment was made by U.S. venture capital firm New Enterprise Associates. The company, which offers a software and interconnection platform designed to enterprises, content providers, cloud providers and other network operators, said it will use the proceeds to grow its team and expand its product roadmap and business development activities. IIX received financing last year from the FedDev Ontario. It also has been funded by the Niagara Angel Network and the Golden Triangle Angel Network.
30 July 2014•3 mins read
