Benu Networks, a Billerica, MA-based provider of networking and software solutions for network operators deploying Wi-Fi and Cloud services, closed a $27.7m funding round.
Backers included Liberty Global Ventures and Arris Group and existing investors Spark Capital, Sutter Hill Ventures, and Comcast Ventures.
Led by newly named CEO Dino Di Palma, who is and industry tech veteran, and Jim Dolce, Chairman of the Board, Benu is a privately held next generation subscriber session control company. It provides a solution that allows operators to deliver services and manage policies on a user and device level irrespective of access type.
The company was founded in 2010.