Netronome Raises $19M in Series E Financing

Netronome, a fabless semiconductor company and a developer of flow processors, raised $19m in Series E financing.

Backers included Sourcefire, Intel Capital and existing investors DFJ Esprit and the Raptor Group.

Led by Howard Bubb, CEO, Netronome provides solutions such as flow processing silicon, software, tools and acceleration platforms that scale from 1 to 400 Gbps. They are used by networking equipment OEMs worldwide in carrier‐grade and enterprise‐class communications products that require deep packet inspection, flow analysis, content processing, virtualization and security.

The company intends to use the funds to expand their software and customer engineering organizations to support design-wins in cyber-security, software-defined networking and mobile networking applications. The new wins are based on their new flow processor line, the NFP-6xxx, being built using Intel’s 22nm 3D tri-gate technology and powered by 96 packet processing cores, 120 multi-threaded flow processing cores and over 100 hardware accelerators.
NFP-6xxx aims to bring superior performance to a broad range of network, security and content processing applications used in 10-400 Gbps network designs.

Netronome is located in Santa Clara, CA, Boxborough, MA and Pittsburgh, PA.



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