Sedona Systems Closes $13.6M Series B Funding Led by Intel Capital

Sedona Systems today announced it has closed its $13.6M round B of funding, led by Intel Capital. NextStar also joined as a new investor and previous investor Bessemer Venture Partners participated fully in the round.

August 3, 2016

2 Min Read

RA’ANANA, ISRAEL AND CUPERTINO, CALIFORNIA -- Sedona Systems, creator of the market’s first IP/optical converged control platform for service provider networks, today announced it has closed its $13.6M round B of funding, led by Intel Capital. NextStar also joined as a new investor and previous investor Bessemer Venture Partners participated fully in the round. It brings the total amount invested in the company to $19.6M. Yair Shoham of Intel will join Sedona’s board of directors.

The fresh investment comes as Sedona accelerates its global sales to leading service providers. The new funds will support these efforts, as well as ongoing R&D activities to broaden the company’s product portfolio.

Sedona solves multiple problems that arise from existing network architectures that rigidly split between the optical transport layer and the logical IP layer. The two layers, which are typically managed by different teams within the service provider organization, are barely coordinated, resulting in major inefficiencies, low utilization and suboptimal protection.

Sedona’s software platform, NetFusion, enables coordinated control of the two layers, effectively making them work as one. It connects to the equipment of all vendors in both layers, and automatically creates a unique and live map of all traffic paths and cross-connections. Following this unique network discovery process, multilayer apps are executed over the platform for tasks ranging from coordinated maintenance to automatic optimization, from network restoration to enabling broadband services on demand. Using Sedona, service providers can run their networks “hotter” and save up to 50% of their expansion capex.

“Service provider networks are going through a generational change,” said Yossi Wellingstein, Sedona’s CEO. “Software and virtualization have become crucial tools in facing the tidal wave of demand for network services. Sedona helps service providers rise to the challenge by using software to fuse the hitherto separate optical and IP layers into one agile and flexible network.”

"As networks become more software-centric, converging management and control for multilayer transport functions becomes key to drive OPEX and CAPEX efficiencies," said John Healy, general manager of Intel’s Software Defined Networking Division. "Sedona's Netfusion software offers agility, intelligence and efficiencies that can help enable service providers to optimize their optical and IP networks."

Intel Capital
Sedona Systems

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