Nextivity Raises $16M

Nextivity, a stealth-mode wireless startup located in San Diego, has quietly raised $16M in a venture capital round, according to numbers reported in the PricewaterhouseCoopers/NVCA quarterly venture capital survey. No details on the funding have been released, however the firm's backers now include Advanced Technology Ventures, Revolution Ventures, Express Ventures, and the Founders Fund. The funding apparently closed some time in Q2 of this year. More information »