Netformx dials up $12M to automate telecom network designs

Netformx, provider of a service that fosters collaboration across organization and automates processes for designing networks for large telecommunications companies, has brought in $12 million in venture financing, according to Private Equity Hub. Based in Santa Clara, Calif., the company is backed by Susquehanna Growth Equity and Valley Venture Capital.

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Camille was the lead writer for GreenBeat until August 2010. To reach VentureBeat's current writers, email tips@venturebeat.com.

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