The networking software provider boosted its total funding to $129m with a round led by Telstra Ventures and backed by all its existing investors.
Telstra Ventures, the corporate venturing vehicle for telecommunications firm Telstra, led a $43m funding round yesterday for Cumulus Networks, a US-based provider of data software for enterprises.
The round also featured all the company’s existing investors, it said in a statement, specifically identifying venture capital firms Andreessen Horowitz, Battery Ventures and Sequoia Capital.
Cumulus provides networking switching software to enterprise customers that enables them to operate their data centre networks automatically, much like larger internet-focused businesses with greater resources.
The…
