Dune snags $8.3M more for networking chips
Dune Networks, provider of network chips used to scale data centers and carrier equipment, has added $8.3 million to its second round of funding from Evergreen Venture Partners, Berkeley Ventures, Aurum-SBC Ventures, Jerusalem Venture Partners and U.S. Venture Partners. Previously, the Sunnyvale, Calif. company had raised $12 million in the round.
Dune says the new financing will go toward product development. It has raised $53 million in capital total — including contributions from past backers Cipio… Continue Reading
Dune Networks takes $12M for ethernet switching platforms
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… Continue Reading