US-based networking technology company Pluribus Networks raised $50m yesterday in a series D round backed by telecommunications equipment producer Ericsson and turnkey data centre infrastructure provider Newtech.
The round was led by Temasek Holdings, an investment company owned by Singapore’s Ministry of Finance, and also featured existing investors New Enterprise Associates, Menlo Ventures, Mohr Davidow Ventures and AME Cloud Ventures.
Pluribus has now raised $95m in funding since its incorporation in 2010. Private equity firm China Broadband Capital, which led…