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Forward Networks Finds $16M

Palo Alto-based Foward Networks, a developer of software to help automate network management, said today that it has raised $16M in a Series B funding round. The funding was led by DFJ, and also included Andreessen Horowitz and A.Capital Ventures. According to Forward Networks, the round comes as it adds support for VMware's ESXi virtual networking to its network modeling product. David Erickson is co-founder and CEO of Forward Networks. More information »


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