Vyatta today announced it has completed its Series B financing led by Comcast Interactive Capital (CIC). In addition to leading the round, CIC has joined the Vyatta board of directors, where it will assist the company in addressing service provider market opportunities for its open-source networking solutions that include routing, firewall, and VPN functionality as well as extensibility for many other network applications.Comcast Interactive Capital was joined in the new funding round by all of Vyatta’s existing investors, including JPMorgan Partners (as advised by Panorama Capital), ComVentures, and ArrowPath Venture Partners, bringing the total venture funding in Vyatta to $18.5 million. The funds will be used for operating capital as the company scales its market penetration and product delivery.
“This investment by Comcast Interactive Capital provides further validation of Vyatta’s vision,” said Kelly Herrell, CEO of Vyatta. “Whether deployed by enterprises or delivered as premise equipment by service providers, the network infrastructure market is at the beginning of a profound wave of change driven by the power of openness. Vyatta is poised to capitalize on this dynamic, and we look forward to working with Comcast Interactive Capital as we drive this change.”
Vyatta was created to bring commercial-quality, open-source networking products to market. The company is staffed by industry veterans, serial entrepreneurs, and some of the brightest minds in the open source and networking industries who share a passion for flexible, low-cost networking products that allow users to create highly-reliable infrastructure. The Vyatta system is available as a software subscription with tiered service and support options, or as a pre-configured hardware appliance that can be easily dropped into a network. Vyatta has also sponsored the Vyatta Community, a public forum for Vyatta users and developers who are interested in open-source network innovation. For more information on Vyatta products, visit: http://www.vyatta.com/products/plans.php
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