Netronome, a Santa Clara, CA-based developer of network flow processors, has closed a $23m Series D round of funding.
The round was led by new investor DFJ Esprit, and included existing investors Raptor Group, Tudor Ventures and Top Technology. FORE Systems founders Robert Sansom and Eric Cooper, and Analysys founder David Cleevely also participated in the round.
The funds will enable the company to expand global operations in sales, marketing and manufacturing.
Netronome’s semiconductor products that are used for intelligent flow processing in network and communications devices. Its solutions include network flow processors and acceleration cards that scale from 10 to 100 Gbps. They are used in carrier-grade and enterprise-class communications products that require deep packet inspection, flow analysis, content processing, virtualization and security.
Netronome’s products are developed in labs in Santa Clara, CA, Boxborough, MA and Pittsburgh, PA.