Sedona Systems Obtains $13,600,000 Series B Financing Round

  • Feed Type
  • Date
    8/5/2016
  • Company Name
    Sedona Systems
  • Mailing Address
    21631 Stevens Creek Blvd. Cupertino, CA 95014 USA
  • Company Description
    Sedona Systems has created NetFusion, the first multi-layer application platform, focusing on optimization & control of the optical and IP layers (L0-L3) of network operators.
  • Website
    http://www.sedonasys.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $13,600,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The company, which has raised $19.6m, intends to use the funds to accelerate global sales to service providers and conduct R&D activities to broaden the product portfolio.
  • M&A Terms
  • Venture Investor
    Intel Capital
  • Venture Investor
    NexStar Partners
  • Venture Investor
    Bessemer Venture Partners

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