Benu Networks Inc., a Billerica, MA-based provider of Fixed and Mobile Operators with solutions for augmenting their networks with Wi-Fi and Small Cells, raised $26.6m in Series B funding.
The round was led by Sutter Hill Ventures, with participation from existing investors Spark Capital and Comcast Ventures. In conjunction with the funding, Sutter Hill Ventures’ Managing Director Stefan Dyckerhoff joined Benu’s Board of Directors.
The company intends to use the funds to accelerate its go-to-market strategy.
Founded in 2010 by CEO Dave Callan, Benu provides solutions for augmenting the networks of Fixed and Mobile Operators with Wi-Fi and Small Cells and moving the intelligence and complexity from Access Networks to the Packet Core leveraging SDN/NFV.
FinSMEs
10/09/2013