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NextIO Secures $12.3 Million In Series F Financing

[Techtaffy Newsdesk]

I/O consolidation and networking solutions NextIO, has closed a Series F funding round of $12.3 million. This round included investment by existing investors and an undisclosed strategic investor. NextIO says it will use the new funds on sales and marketing efforts, and to further expand NextIO’s family of I/O consolidation solutions.

NextIO’s portfolio of rack-level I/O consolidation solutions includes products for datacenter network consolidation, GPGPU computing, and high-performance storage.

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