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. www.nexsan.com