Intel Capital took part in a series C round that boosted the wide area network technology developer's overall funding to almost $100m.
US-based cloud-based networking service CloudGenix has secured $65m in a series C round that included Intel Capital, the corporate venture capital subsidiary of semiconductor technology producer Intel.
The round also featured Bain Capital Ventures, CRV, Mayfield Fund and ClearSky, and it increased the company’s total funding to $99m.
Founded in 2013, CloudGenix is the developer of AppFabric, a system that enables customers to integrate and deploy cloud and software applications from anywhere through wide area networks (WANs).
The platform is…