Rift.io Garners $16,000,000 Series A Financing Round

  • Feed Type
  • Date
    8/14/2015
  • Company Name
    Rift.io
  • Mailing Address
    77 South Bedford Street Burlington, MA 01803 USA
  • Company Description
    Our goal from day one was to build a platform that would provide everyone with the same capabilities and technology enjoyed by the largest networking technology companies.
  • Website
    http://www.riftio.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $16,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    The funds raised will be used to continue the development of RIFT.ware, the company’s open source network virtualization platform, and expand its world-class product, design, and engineering teams, while growing its marketing and customer support capabilities.
  • M&A Terms
  • Venture Investor
    North Bridge Venture Partners
  • Venture Investor
    Undisclosed

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