NoviFlow Announces Successful Closing of Series A Round

Funding Rounds

Summary

NoviFlow Inc., a global leader in programmable, high-performance Software Defined Networking (SDN) forwarding plane solutions, today announced the closing of a $9.0 million Series A round of funding. With these new investments, NoviFlow will be able to continue growing and creating jobs in Québec’s IT sector,” said Alain Denis, Senior Vice-President, New Economy, at the Fonds de solidarité FTQ. The company’s products offer the industry’s broadest support of the OpenFlow 1.3/1.4 specification, including all actions, instructions and match fields, and deliver the capabilities and performance needed by leading-edge SDN and NFV applications. “Whether deployed in NoviFlow’s NoviSwitch products, or integrated as part of our OEM customers’ own offering, our NoviWare forwarding plane software is providing a real high-performance solution for SDN enabled switches, routers and other network appliances,” added Jodoin. We are pleased that our NPU-based switches and software are becoming key elements in the deployment of scalable, robust, and high-demand SDN, cloud, and Network Functions Virtualization (NFV) solutions.” “With this round, NoviFlow is embarking on a new growth phase.

$ Funding

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Amount $9.0M Total raised
Date September 9, 2015 Announcement date
Investors - Lead investors
Company http://www.noviflow.com Funded company

Classifications

industries
Retail
applications
Networking and Cloud

AskAI Classifications

Labels
Software Networking Software SDN Solutions

Linked Companies

NoviFlow
$1M to $5M