Data center startup NetDevices Inc. today announced $25 million in Series B funding to support its rollout of data center consolidation gear.
The round was led by new investor Castile Ventures and included previous investors ComVentures, Columbia Capital, Artiman Ventures, and JumpStartUp. The Series B dwarfs the $15 million Series A which the company picked up in 2003.
The new cash will be used to fill out the startups product line and boost its sales and marketing efforts, according to Seenu Banda, NetDevices CEO. The companys first product, the SG-8 Gateway, made its debut back in June, and Banda is already planning new models. While tight-lipped on specifics, he confirms plans for both higher- and lower-end versions of the three-rack-unit high SG-8 (see NetDevices Intros SG-8 Gateway).
You should see a fully established product line over the next 12 to 18 months, says Banda.
The SG-8 is an all-singing, all-dancing data center box, combining a range of security, voice, and network technologies. These include firewall, VPN, intrusion detection and prevention, switching, routing, and voice over IP (VOIP).
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