Data traffic management platform Versa Networks has emerged from stealth with $43m in funding from investors including telecommunications firm Verizon.
US-based data management technology provider Versa Networks revealed $43m in funding from investors including Verizon Ventures, the corporate venturing arm of telecommunications company Verizon, when it emerged from stealth yesterday.
Founded in 2012, Versa also named Sequoia Capital and Mayfield as shareholders. The company raised $14.4m the same year, according to a regulatory filing, and its website at the time identified Sequoia as an investor.
Versa’s carrier-grade Versa VNF software runs on commodity hardware and enables internet service providers to…
