Microsoft and AT&T go to SnapRoute for $25m round

Feb 8, 2017 • Nicole Idar

US-based open networking technology developer SnapRoute closed a $25m series A round on Tuesday that featured telecom conglomerate AT&T and Microsoft Ventures, the corporate venturing arm of software provider Microsoft.

Norwest Venture Partners (NVP), which invests as financial services firm Wells Fargo’s venture capital affiliate, led the round. Lightspeed Venture Partners, the VC firm that led SnapRoute’s $4.5m seed round, also participated.

Founded in 2015 by engineers from computing company Apple, SnapRoute develops open-source networking software that can run on…

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