USA – Arrcus, a San Jose, CA-based hyperscale networking software company, raised $50M in Series D funding.
The round was led by Prosperity7 Ventures, with participation from Clear Ventures, General Catalyst, Liberty Global and Lightspeed, as well as Silicon Valley Bank.The company intends to use the funds to grow its global go-to-market presence, in addition to strengthening engineering and R&D talent.Led by Shekar Ayyar, CEO, Arrcus aims to enhance business efficiency through network connectivity. Its Connected Edge (ACE) platform offers networking with a flexible consumption model at low total cost of ownership. The Arrcus Connected Edge (ACE) platform as well as solutions based on ACE like SRv6 for 5G networks, Virtualized Distributed Routing (VDR), Hyperscale Datacenter switching and FlexMCN for multi-cloud connectivity are seeing widespread adoption across customers in many verticals spanning enterprises, communications service providers and cloud operators. 10/02/2023
