The Cornell spinout has emerged from stealth with funding from GV and New Enterprise Associates.
US-based networking technology developer Mode emerged from stealth on Thursday with $16m in series B funding co-led by GV, the early-stage investment arm of conglomerate Alphabet, and New Enterprise Associates (NEA), according to TechCrunch.
Founded in 2013 as Waltz Networks, Mode has developed technology to set up self-managing software-defined wide area networks.
The technology has applications in spaces such as interactive streaming, multiplayer gaming, real-time machine learning and remote command and control.
The company is exploiting research undertaken at Cornell…
