Lumina Networks Closes $10M Series A Financing
Summary
The round was led by Verizon Ventures with participation from AT&T and Rahi Systems. The company intends to use the funds for the development of new products and innovative solutions, and for geographic expansion. Operating independently, following a spin-off from Brocade in August 2017, and led by Andrew Coward, Founder and CEO, Lumina Networks provides SDN controller solutions. The Lumina SDN Controller, powered by OpenDaylight, provides an open platform for developers, giving providers direct control over their SDN development and implementation. Today, the OpenDaylight SDN Controller is widely deployed, supporting over 1 billion users worldwide.
Funding
Amount
$10.0M
Total raised
Date
May 24, 2018
Announcement date
Investors
Rahi Systems
Lead investors
Company
luminanetworks.com
Funded company
Classifications
industries
No industries detected
applications
Data Management
AskAI Classifications
Labels
No AI classifications detected
Linked Companies
Rahi Systems
$250M to $500M