Deal Announcements

NEXX Gets $10M From Hercules Tech

Thursday, January 11, 2007 6:00:00 AM PDT | VentureDeal Staff

BILLERICA, MA -- Nexx Systems said that it has received a $10 million investment from Hercules Technology Growth Capital Inc. (Nasdaq: HTGC), a provider of venture debt and equity, according to a report in the Silicon Valley Business Journal.

Nexx is a semiconductor process equipment company focused on flip chip and advanced wafer level packaging technology.

The company didn't specify the use of the funding, though a representative from Hercules did state that the company was growing quickly and had promising developments out of its recently-opened Singapore office.

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