Sunday, May 3, 2009

Dune Networks Raises New Funding for Switching Silicon

Dune Networks, a developer of switching fabrics for Metro Ethernet, enterprise and data center networks, raised an additional $8.3 million in series B funding.

Dune Network, which is based in Sunnyvale, California with R&D in Yakum, Israel, said it now has over 100 different product adoptions and recently reached profitability. Dune provides a switching solution that scales in capacity, port rate, and service scheme.

The new funding was led by Evergreen Venture Partners. Evergreen joins existing series B investors USVP, Pitango, Aurum, JVP and Alta Berkeley. This additional funding brings the total amount of funding raised to date to $53 million.