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Midokura Announces $17.3M in Series A Funding

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4/2/2013
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SAN FRANCISCO -- Midokura, a global startup focused on network virtualization, today announced it has raised $17.3M in Series A funding. The investment will be used toward furthering Midokura’s vision, product innovation and go-to-market strategy. The round was led by Innovation Network Corporation of Japan (INCJ), a Japanese public-private partnership. Other investors who participated in the round include NTT Group’s Venture Fund: NTT Investment Partners, L.P. and NEC Group’s Venture Fund: Innovative Ventures Fund Investment L.P. As part of today’s announcement, Midokura also named Dan Mihai Dumitriu CEO. Dan is a co-founder and previously served as CTO. Fellow co-founder Tatsuya Kato, who had been serving as CEO, is now Chairman of the Board. Midokura

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