Big Switch Networks Lands $48,500,000 New Round

  • Feed Type
  • Date
    1/19/2016
  • Company Name
    Big Switch Networks
  • Mailing Address
    3965 Freedom Circle Santa Clara, CA 95054 USA
  • Company Description
    Big Switch Networks is commercializing network virtualization technologies based on OpenFlow. Every time you search on Google, friend on Facebook or start a VM on Amazon, you are using the world’s most cost-efficient and most automated data center networks. Our mission is to bring hyperscale networking to a broader audience. We do this by delivering fit-for-purpose products based on hyperscale networking technologies.
  • Website
    http://www.bigswitch.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $48,500,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Big Switch will use its latest funding round to continue to scale the company and expand geographically, as well as expand its reach within markets already deploying next generation Data Center networking, which IHS Research estimates will reach $13 billion in 2019, up from $781 million in 2014.
  • M&A Terms
  • Venture Investor
    Morgenthaler Ventures
  • Venture Investor
    Silver Lake
  • Venture Investor
    Index Ventures
  • Venture Investor
    Khosla Ventures
  • Venture Investor
    Redpoint Ventures
  • Venture Investor
    CID Capital
  • Venture Investor
    MSD Capital
  • Venture Investor
    Undisclosed