Network Virtualization Company Scores $13.75M
In an announcement on PR USA, Big Switch Networks stated it secured $13.75 million in a Series A financing, led by Index Ventures and Khosla Ventures. The company is building a platform to bring the benefits of virtualization and cloud architecture to enterprise networks, and has recently joined the newly formed ONF, a nonprofit group focused on promoting OpenFlow and other Software-Defined Networking (SDN) technologies as a way to speed innovation in the networking industry.
"Just when everyone thought that networking was getting boring and commoditized, Big Switch Networks comes along! Virtualization is now coming to the network layer, said Charlie Giancarlo, Former Chief Development Officer of Cisco and Angel Investor in Big Switch Networks.