Overture Raises $8M

Overture, a Research Triangle Park, North Carolina-based provider of Carrier Ethernet solutions for the metro edge, raised $8m in equity funding.

Backers were not disclosed.

The company, which has the opportunity to raise up to $11.7m, intends to use the funds for new software, hardware and service development initiatives including the introduction of its Ensemble Open Service Architecture™ (OSA) software and services as well as ongoing innovation of its Carrier Ethernet product portfolio.

Overture is also opening two new development centers that will augment its existing engineering team in Westford, Massachusetts and Bangalore, India.

Led by Mike Aquino, president and CEO, Overture provides solutions that enable high-capacity Ethernet services over any media including fiber, copper and TDM. Its Ensemble OSA is an open architecture that aims to bring the benefits of the cloud, Software-Defined Networking (SDN), Network Function Virtualization, (NFV) and open innovation to the metro edge.



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