Software Defined Networking(SDN) startup, Big Switch Networks announced that it has raised $48.5M in a Series C funding round. Since its founding in 2010, Big Switch which commercializes network virtualization technologies based on OpenFlow has secured $94M in total funding.
The financing comes as the company continues to drive adoption with a growth of more than 300% last year with customer wins across the US, APAC and EMEA regions in verticals including tech, financial services, government, service providers, and higher education.
The startup, this week also announced that it is rolling out a freemium version of its Big Monitoring and Big Cloud fabric software targeting system developers.
Douglas Murray, CEO, Big Switch Networks
I am pleased that our performance continues to earn the trust of our customers, partners, and investors, all of whom believe in our mission to disrupt the status quo of networking.
Kyle Forster, Founder, Big Switch Networks
These investors have a track record of re-shaping the industries they touch. We have always had a dual mission of modernizing networking while building a great business, and this is a group that believes what we believe.
