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Nexsan Files for IPO

Nexsan Corp., a Thousand Oaks, Calif.-based maker of disk-based storage systems, has filed for an $80.5 million IPO. It plans to trade on the Nasdaq under ticker symbol NXSN, with Thomas Weisel Partners serving as lead underwriter.


It has raised over $17 million in VC funding since 2003, from firms like VantagePoint Venture Partners (23.2% pre-IPO stake), GESFID (20%), RRE Ventures (6.9%) and Beechtree Capital.