Pluribus Raises Additional $50 Million, Led by Singaporean Temasek Holdings & Ericsson

26 January 2015
(1 Vote)
Pluribus Raises Additional $50 Million, Led by Singaporean Temasek Holdings & Ericsson

Programmable Software Defined Neworking (SDN) startup, Pluribus Networks has raised US$50 million in a Series D round of funding led by Temasek Holdings, an investment arm of Singaporean goverment. The latest round of funding brought the Pluribus total funding to date to US$95M million. All of the existing investors, including New Enterprise Associates (NEA), Menlo Ventures, Mohr Davidow and AME Cloud Ventures, participated in the round. Furthermore, the company added new global strategic investors, including Ericsson, as well as Newtech, a leading turnkey datacenter infrastructure provider in Asia.

The Silicon Valley company said that the new 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.

Nick Lippis, co-chairman of ONUG
The Pluribus architecture speaks to the needs of the Global 2000 companies represented at the Open Networking User Group. Hardware independence coupled with a secure and programmable SDN platform, offering scale, automated configuration, operational simplicity, and open standards are key working group requirements being addressed by the Pluribus Netvisor Operating System.

Kumar Srikantan, president and CEO of Pluribus Networks
Fundamentally, the sea has changed and CIOs are turning away from endless hardware upgrade cycles to a software and network-application-centric view. With our Netvisor, we have a superior, converged SDN platform that not only provides better scale and performance, but also enables virtualization and security while driving down cost and complexity. The funding we are announcing today validates our architecture approach and the breakaway growth potential of the company.

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

PREVIOUS POST

Vodafone M-Pesa Reaches 25 million Customers

NEXT POST

AT&T Wins Contiguous 10x10Mhz AWS Spectrum via $18.2 Billion Bid

THE EDITOR'S DESK

ON FACEBOOK

ON TWITTER