Kaloom Raises $10M in Series A1 Funding

kaloomKaloom, a Montreal, Quebec, Canada- and San Jose, Calif.-based provider of an automated data center networking software platform, raised $10m in Series A1 funding.

The round, which brought total investments to $20.7m, was led by the Fonds de solidarité FTQ, and Somel Investments, with participation from MBUZZ Investments.

The new funding will advance the development and sales of the company’s automated Software Defined Fabric (SDF) and its employee base from 70 to 100 by the end of the year.

Founded by its CEO, Laurent Marchand, Kaloom provides an automated and programmable data center networking fabric, an industrialized software solution for open networking white boxes, including Accton, Delta and others. The company’s SDF is suited for hyperscale as well as distributed data center environments that have a need for low latency, low cost, programmable solutions.

FinSMEs

16/11/2018

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