Netvisor Takes SDN Switching Mainstream with $50M Series D
We closed our Series D in financing right before Christmas. This is a $50M round lead by Temasek and Ericsson. Temasek is a $170B plus sovereign fund out of Singapore that is best described as Berkshire Hathaway of Technology. They were the people responsible forinvestments into Alibaba. This is important to understand that with Netvisor achieving success in Enterprise Datacenter and Private Cloud markets, the bigger players now believe that SDN switching and applications on Server-Switches is pretty real.
The finding is primarily to scale our business side and help sell more products, build support infrastructure and create a application group that can write more applications on Netvisor to exploit the world of programmable networks.
Netvisor as an Application Platform
The best way to explain this is to draw a parallel between Netvisor as a switch Hypervisor and Smartphone.
When Apple released a IOS based smartphone, the world was full of small hardware devices like camera, GPS navigators etc. IOS (and later Android) become a software platform that allowed many applications to come of top of this platform.
Netvisor is creating the same paradigm for datacenter switching. Today, you have a physical fabric, a separate Observability fabric (using TAPS and Continue reading