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Nishan Systems

company

About

Nishan Systems develops switches and adapters based on Internet protocol and gigabit ethernet.

  • 1 - 10

Highlights

Total Funding Amount
$82M
Funding Rounds
3
Investors
3

Details

Last Funding Type
Series B
Last Funding Money Raised
$20M
Industries
Electronics,Intelligent Systems,Internet
Founded date
Jan 1, 1998
Number Of Employee
1 - 10
Operating Status
Active

Nishan Systems is focused on the development of switches and adapters that are based on internet protocol and gigabit ethernet.

Nishan Systems was acquired by McDATA Corporation in August 2003.

Nishan Systems was founded in 1998 and is based in San Jose, California.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$82M
Nishan Systems has raised a total of $82M in funding over 2 rounds. Their latest funding was raised on Sep 18, 2000 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 18, 2000 Series C $52M 1 — — Detail
Dec 20, 1999 Series B $20M 2 Raza Venture Fund — Detail
May 24, 1999 Series A $10M 1 — — Detail

Investors

Number of Lead Investors
Number of Investors
1
3
Nishan Systems is funded by 3 investors. Raza Venture Fund and Quantum Technology Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
Raza Venture Fund Yes Series B
Quantum Technology Ventures — Series C
Weiss, Peck & Greer Venture Partners — Series B
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