A Sunnyvale, Calif. company that manufactures networking devices used in data centers and carrier’s ethernet switching platforms, Dune Networks was founded in 2000 and began selling its products four years later.
The company is its own fabless semiconductor supplier, but also has partnerships with companies including Altera, Intel and Lattice Semiconductor. It is currently making a profit, thought it has not disclosed the numbers.
The $12 million investment was led by US Venture Partners. Existing investors Alta Berkeley Ventures, Aurum Ventures, Cipio Partners, Jerusalem Venture Partners and Pitango Venture Capital also participated.
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