Wednesday, August 24, 2011

Embrane Secures $18 Million for Virtual Network Services

Embrane, a start-up based in Santa Clara, California, raised $18 million in Series-B financing for its distributed software platform.

Embrane aims to accelerate the adoption of cloud computing and IT-as-a-service by delivering the most dynamic platform for virtual network services. The system is currently in beta testing.

The funding round was led by New Enterprise Associates (NEA). Lightspeed Venture Partners and North Bridge Ventures also participated in the round, following their initial lead investments in the company's $9 million Series-A funding.

  • Embrane is headed by Dante Malagrin√≤, who most recently led the worldwide marketing campaign for Cisco’s Data Center 3.0 strategy.