Get the latest Venture Capital & Angel investors news and info Join Our Mailing List:

Your Name: 

Your Email:  

*By submitting your name & email you agree to receive for FREE our scholarships & offers Newsletters. You agree also with the storage and handling of your data by this website and 3rd party email services.
You may unsubscribe if you wish. And you can delete your email and name at any time by emailing us to the email on the bottom of this page.

Follow us on
 
  • NXT Capital Venture Finance Secures $500 Million in Committed Capital to Invest in Emerging Growth Companies

    September 6th, 2012 No comments

    Boston, MA (September 6, 2012) – NXT Capital Venture Finance announced today that it has secured more than $500 million in committed capital. A leader in providing venture loans to emerging growth companies in the technology and life sciences sectors, NXT Venture Finance anticipates that this stable, long-term capital base will allow it to be a consistent, prolific provider of financing in the coming years.

     The debt financing was provided by various institutional sources and the equity financing by NXT Capital, LLC.

     Formed in October 2011, NXT Capital Venture Finance has provided venture loans to notable companies including Boxtone, Cayenne Medical, GreatCall, SkyCross and TradeKing.  

     “An uncertain IPO window, longer exits and other pressures are increasing demand for alternative sources of capital,” said Jan Haas, Group Head, NXT Venture Finance. “This significant additional funding will allow NXT Venture Finance to provide less-dilutive, more flexible funds to help emerging growth companies succeed.”

     “NXT Capital Venture Finance has demonstrated outstanding potential,” said Robert Radway, NXT’s Chairman and CEO. “This substantial, stable base of committed capital will drive further growth and success.”

      ABOUT NXT CAPITAL VENTURE FINANCE:

    NXT Capital Venture Finance serves entrepreneurs by providing less dilutive, more flexible forms of capital. With offices in Boston and Silicon Valley, NXT Capital Venture Finance offers senior and subordinated term loans in the $1 million to $20 million range to emerging growth companies backed by venture capital and private equity firms, particularly those in the technology and life science sectors. Target clients range from pre-revenue companies led by dedicated entrepreneurs to late-stage, proven businesses seeking more efficient growth capital. For more information, seewww.nxtcapital.com/venture-finance.

     ABOUT NXT CAPITAL:

    NXT Capital provides structured financing solutions to middle-market and emerging growth companies, as well as real estate investors, through its Corporate Finance, Venture Finance and Real Estate Finance groups. Based in Chicago with offices in New York, Atlanta, Boston, Dallas, Newport Beach and Silicon Valley, NXT Capital targets senior financing opportunities up to $150 million with a hold size up to $50 million. See www.nxtcapital.com.

Leave a reply

Please leave these two fields as-is:

Protected by Invisible Defender. Showed 403 to 266,926 bad guys.

 

Latest Headlines:

Friday August 31, 2012
Zscaler Secures $38 Million Investment Round


Wednesday November 30, 2011
Health Care Solutions companies Infinity Pharmaceutics, NanoVobronix and Selventa raise funds.


Monday November 21, 2011
Panda Power opens $420 Million Fund for Solar and Natural Gas Projects


Thursday November 17, 2011
Better Place raises $200 Million for Electric Cars in the Series C of Funding


Wednesday November 16, 2011
Accel Partners raise $100 Million Big Data Fund to Invest in Hadoop, NoSQL and other Companies


Tuesday November 15, 2011
Skimlinks raises $4.5 Million to help Bloggers Increase their Gains


Monday November 14, 2011
Standing Cloud raises $3 Million to help New Cloud Providers grow Faster


Thursday November 10, 2011
Zillow acquires Diverse Solutions for $7.8 to help Real Estate Agents increase their Visibility


 

By using this website you agree with our cookie policy