Tuesday, September 12, 2006

Bivio Raises $8.5M

Pleasanton-based Bivio Networks has raised $8.5M. The round was led by Silver Creek Ventures, and included InterWest Partners, Storm Ventures, Venrock Associates, and Goldman Sachs. Bivio Netowrks develops high speed appliances used for deep packet processing. The firm will use the funding to accelerate sales, marketing, and business development initiatives. More information »