Midokura visualises $20.4m series B

Jun 8, 2016 • Thierry Heles

Simplex and Innovation Network Corporation of Japan have provided funding for Midokura, a software network virtualisation technology producer already backed by NTT Docomo.

Fintech company Simplex and public-private partnership Innovation Network Corporation of Japan (INCJ) have participated in a $20.4m series B round for Japan-based software network virtualisation software developer Midokura.

Allen Miner has also taken part in the funding round, which has increased Midokura’s total capital to $44m according to its latest press release.

INCJ previously led a $17.3m series A round in 2013 that also included telecoms firm NTT Docomo’s investment division NTT Docomo Ventures – then known as NTT Investment…

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