Pluribus Networks Receives $23,000,000 Series C Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7e8cf2f8-ae87-49f8-be2b-aee20649c214&Preview=1
Date
12/21/2012
Company Name
Pluribus Networks
Mailing Address
1808 Embarcadero Rd. Palo Alto, CA 94303
Company Description
The company’s mission is to drive the third wave of virtualization into the ethernet hardware market, deliver virtualized switches and distributed Netvisor operating system for true network virtualization with a fully programmable fabric, and drive the commoditization of the ethernet switch market.
Website
http://www.pluribusnetworks.com
Transaction Type
Venture Equity
Transaction Amount
$23,000,000
Transaction Round
Series C
Proceeds Purposes
The funding will be used to meet customer demand for deploying the company’s production-ready software-defined virtualized Fabric offering today.
M&A Terms
Venture Investor
Menlo Ventures
Venture Investor
New Enterprise Associates
Venture Investor
Mohr Davidow Ventures