Woven Systems, offering 10 gigabit switching for data centers, raises $20M

Woven Systems, a Santa Clara, Calif. developer of 10 gigabit Ethernet fabric technology for use in corporate data centers, has raised $20 million in a second round of funding.

Mohr Davidow Ventures led the deal, which included previous investors Goldman Sachs and Palomar Ventures. Woven Systems has now raised a total of $35 million in funding.

Woven will use the new capital to expand its sales and go-to-market initiatives for its EFX 1000 Ethernet Fabric Switch which has successfully completed customer trials and is now in production. The switch is the industry’s highest capacity 10 GE switch supporting 144 non-blocking ports in an efficient 10-rack unit chassis at a fraction of the cost and power consumption of similar solutions. The EFX 1000 overcomes capacity and performance limitations of traditional Ethernet switches to deliver resilient, multi-path fabrics scaling to over 4000 10 GE edge ports.

A recently published report from the Dell’Oro Group estimates that the 10 GE switch market is on the precipice of significant growth, increasing from $1 billion in 2006 to nearly $5 billion in 2011, and will be initially driven by data center aggregation switching and later by direct 10 GE connections to the server.

Next Story:
Previous Story:

Tags:

About the Author,

Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.

blog comments powered by Disqus