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