Pluribus Networks Secures $50,000,000 Series D Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=34babd9c-62d7-4895-a795-0456069fb716
Date
1/21/2015
Company Name
Pluribus Networks
Mailing Address
2455 Faber Place Palo Alto, CA 94303 USA
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
$50,000,000
Transaction Round
Series D
Proceeds Purposes
Funds will be used for the expansion of sales, marketing, business development and engineering to support the rapidly growing customer demand for the company’ products and services.
M&A Terms
Venture Investor
Venture Investor
Venture Investor
Venture Investor
Venture Investor