SDN Startup Big Switch Lands $48.5M Funding

Plans to put the money toward international expansion and R&D.

Mitch Wagner, Executive Editor, Light Reading

January 19, 2016

2 Min Read
SDN Startup Big Switch Lands $48.5M Funding

SDN pioneer Big Switch today announced a $48.5 million Series C funding round, which it plans to use for international expansion and R&D.

Both new and past investors put money on the table, for a total of $94 million in funding since the company was founded in 2010.

Investors include Morgenthaler Ventures, Silver Lake Waterman, Triple Point Capital, Index Ventures, Khosla Ventures, Redpoint Ventures, Accton, CID Group and MSD.

Big Switch saw more than 300% growth last year with customers in the US, APAC and EMEA, in verticals including tech, financial services, government, service providers and higher education.

Big Switch's products are Big Monitoring Fabric and Big Cloud Fabric, which pretty much do what they say on the tin -- Big Monitoring Traffic is designed to connect networks with monitoring tools, while Big Cloud Fabric is a platform for buildings. Both products are based on SDN networks built on white box and so-called brite box switches -- branded white boxes.

Big Switch Networks also added two new faces to its board: former NetApp Inc. (Nasdaq: NTAP) CEO Dan Warmenhoven and venture capitalist Gary Morgenthaler. Warmenhoven in particular helped drive NetApp and Palo Alto Networks Inc. through their fast growth cycles, and will help Big Switch through the same transition, Big Switch CEO Doug Murray tells Light Reading.

In addition to R&D, Big Switch plans to use the funding to put additional feet on the street in the US, Japan, Taiwan, Australia, South Korea, the UAE, Russia and Europe.

Want to know more about SDN? Visit Light Reading's SDN technology content channel.

The year is already off to a good start for network virtualization startup funding, with VeloCloud Networks Inc. announcing a C funding round last week, bringing its total funding to $49 million. (See Cisco Joins $27M Round for SD-WAN Startup VeloCloud.)

Big Switch had planned to announce the C funding round in early November, but delayed to give more investors an opportunity to join, Murray says. (See Big Switch Scores New Funding Round .)

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— Mitch Wagner, Circle me on Google+ Follow me on TwitterVisit my LinkedIn profileFollow me on Facebook, West Coast Bureau Chief, Light Reading. Got a tip about SDN or NFV? Send it to [email protected].

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About the Author(s)

Mitch Wagner

Executive Editor, Light Reading

San Diego-based Mitch Wagner is many things. As well as being "our guy" on the West Coast (of the US, not Scotland, or anywhere else with indifferent meteorological conditions), he's a husband (to his wife), dissatisfied Democrat, American (so he could be President some day), nonobservant Jew, and science fiction fan. Not necessarily in that order.

He's also one half of a special duo, along with Minnie, who is the co-habitor of the West Coast Bureau and Light Reading's primary chewer of sticks, though she is not the only one on the team who regularly munches on bark.

Wagner, whose previous positions include Editor-in-Chief at Internet Evolution and Executive Editor at InformationWeek, will be responsible for tracking and reporting on developments in Silicon Valley and other US West Coast hotspots of communications technology innovation.

Beats: Software-defined networking (SDN), network functions virtualization (NFV), IP networking, and colored foods (such as 'green rice').

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