Midokura Lands $17,300,000 Series A Financing Round

  • Feed Type
  • Date
    4/3/2013
  • Company Name
    Midokura
  • Mailing Address
    221 Pine Street 2nd Floor San Francisco, CA 94104
  • Company Description
    Midokura’s vision is to provide a more flexible, customizable and adaptable network infrastructure for companies worldwide through network virtualization. It is Midokura’s mission to unleash the full power of an organization’s networks – while reducing physical network and management costs – by adding Midokura’s virtualization software layer onto enterprise, data center and government machines, in turn scaling to hundreds of thousands of virtual ports from a single physical network.
  • Website
    http://www.midokura.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $17,300,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    The investment will be used toward furthering Midokura’s vision, product innovation and go-to-market strategy.
  • M&A Terms
  • Venture Investor
    Innovation Network Corporation of Japan
  • Venture Investor
    NEC
  • Venture Investor
    NTT Investment Partners