Vello Systems Garners $17,000,000 New Round

  • Feed Type
  • Date
    7/1/2011
  • Company Name
    Vello Systems
  • Mailing Address
    1530 O’Brien Drive Menlo Park, CA 94025
  • Company Description
    Vello Systems engineers, manufactures, and markets ultra-low latency, multi-terabit cloud infrastructure systems for service providers, enterprise, and government institutions worldwide. Vello Systems’ is taking an innovative approach to solving problems related to capacity and capability in the wide-area by fusing state-of-the-art gridless optical technologies with advanced packet smarts and service acceleration technologies.
  • Website
    http://www.vellosystems.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $17,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed. SEC regulatory filing.
  • M&A Terms
  • Venture Investor
    Undisclosed