US-based automated application services provider Avi Networks raised $60m in an oversubscribed series D round backed by Cisco Investments, the corporate venturing arm of networking equipment manufacturer Cisco.
DAG Ventures, Lightspeed Venture Partners and Menlo Ventures also backed the series B round.
Avi Networks has developed an automated application services platform, called Avi Vantage Platform, which offers features such as a firewall for web applications and a software load balancer, which distributes incoming traffic to individual computing resources.
The company…
