Juniper Networks has taken part in a $32.5m series A round for Fungible, a data centre technology startup co-founded by its own co-founder, Pradeep Sindhu.
US-based data centre infrastructure technology startup Fungible launched yesterday with $32.5m of series A funding from investors including networking equipment provider Juniper Networks.
Venture capital firms Mayfield, Walden Riverwood Ventures and Battery Ventures co-led the round.
Pradeep Sindhu, a co-founder of Fungible, is a co-founder and the chief technology officer of Juniper Networks but plans to step down from the CTO position to focus on the new venture.
Fungible has not disclosed firm details of its technology but it is…
