Goldman Sachs has thrown its weight behind Forward Networks, bringing the networking technology producer’s total funding to more than $62m.

Investment banking firm Goldman Sachs led a $35m series C round for US-based network management and verification platform developer Forward Networks on Tuesday.

Venture capital firms Andreessen Horowitz, Threshold Ventures and A Capital also took part in the round. Threshold Ventures (then called DFJ Venture) had led the company’s $16m series B round in August 2017, investing alongside Andreessen Horowitz and A Capital.

Founded in 2013, Forward has created software that generates a digital copy of a network, allowing administrators…

Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.