Wednesday, September 9, 2009

BLADE Network Technologies Scores Series B

Santa Clara-based BLADE Network Technologies, a developer of data center networking products, said today that it has raised a Series B funding round from NEC Corporation, Juniper Networks, an another, unnamed "technology industry leader." The amount of the funding was not disclosed, however, the firm claimed that the round valued the company at $230M. BLADE said the funding will go towards research and development and to expand its global sales and marketing. More information »