Friday, January 25, 2008

Nexiant Adds $5.0M

Irvine-based Nexiant, a firm which develops automated dispensing systems for maintenance operations, has quietly raised $5.0M in additional funding, according to the PwC/NVCA MoneyTree report. The company, which was formerly known as DispenseSource, has previously raised three rounds of funding from Argentum Group, Forrest Binkley & Brown, Innocal, Inverness Capital Partners, Mission Ventures, and Omnicell. The additional capital would brings the firm's total raise to $35.0M. More information »

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