Bivio nets $15.8M for flexible networking systems
Networking systems developer Bivio Networks just took in $15.8 million in a round led by Silver Creek Ventures and including new Japanese investors Itochu Techno-Solutions Corporation and Cross Technology Partners, as well as existing backers InterWest Partners, Storm Ventures, Venrock and Goldman Sachs. The Pleasanton, Calif.-based company builds systems through Linux that can be used for security, management or compliance purposes. It will use its new financing to expand sales overseas.
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About the Author, Camille Ricketts
Camille is the lead writer for GreenBeat. She came to VentureBeat from Google where she worked on its traditional platforms team, particularly in TV. Before that, she was a reporter for the Wall Street Journal in New York and London. Follow her on Twitter at @camillericketts, and follow VentureBeat on Twitter at @venturebeat.
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