SnapRoute, a developer of open source networking software, announced that it has raised $25 million in Series A financing led by Norwest Venture Partners with new support from AT&T and Microsoft Ventures. SnapRoute, which was founded by CEO Jason Forrester and other former engineers from Apple, plans to use the funding to speed up the development of open source networking software for Fortune 500 firms. The company uses its software on commodity “white-box” switches and routers to create more streamlined and scalable data centers.
SnapRoute Snags $25M With AT&T, Microsoft Backing
Posted by: David Jones February 8, 2017 02:55 PMSnapRoute, a developer of open source networking software, announced that it has raised $25 million in Series A financing led by Norwest Venture Partners with new support from AT&T and Microsoft Ventures. SnapRoute, which was founded by CEO Jason Forrester and other former engineers from Apple, plans to use the funding to speed up the development of open source networking software for Fortune 500 firms. The company uses its software on commodity “white-box” switches and routers to create more streamlined and scalable data centers.