Edgewater Networks, a San Jose, California-based provider of Enterprise Session Border Controllers that address the challenges to secure and reliable enterprise Unified Communications including device and protocol interoperability, security and policy management, troubleshooting and QoS, raised $5m in debt financing.
Eastward Capital provided the funds.
The company, which has now raised total debt and equity funding $36m, intends to use the proceeds to develop new products that leverage Software Defined Networking (SDN) and Network Functions Virtualization (NFV) technologies. The new products will complement its existing portfolio and allow its customers to launch new managed services more quickly.
Led by Dave Norman, CEO, Edgewater Networks has more than 240,000 Edgewater Enterprise Session Border Controllers (ESBCs) currently deployed by service providers and integrators, including one of the two largest U.S. carriers and three of the top five U.S. cable operators.
FinSMEs
30/04/2014