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Lumina Networks Closes $10 Million Series A

Lumina Networks Closes $10 Million Series A
Credit: luminanetworks.com

Open source networking company Lumina Networks raised $10 million in Series A financing, including $8 million in new funding led by Verizon Ventures. Other new investors included AT&T and Rahi Systems.

Operating independently, following a spin-off from Brocade in August 2017,  Lumina Networks plans to use the funds to develop new products and innovative solutions using the Lumina SDN Controller powered by OpenDaylight™, as well as for expansion in Europe and Japan.