Cenx, an Ottawa, Canada-based provider of Lifecycle Service Orchestration solutions for software-defined and virtualized networks, raised $12.5m in Series D equity funding.
Backers included new investors BDC Capital, Mistral Venture Partners, and VMware and current investors Highland Capital Partners, Mesirow Financial Private Equity Inc., Verizon Ventures, a subsidiary of Verizon Communications Inc. (NYSE, NASDAQ: VZ), Ericsson (NASDAQ: ERIC), DCM Ventures, and Cross Creek Advisors.
The company intends to use the funds to accelerate global market and portfolio expansion.
Led by Ed Ogonek, President and CEO, Cenx provides Lifecycle Service Orchestration solutions that automate fulfillment and assurance of advanced data services in software-defined networks, bridging physical and virtualized network functions. The company’s solutions harness the power of real-time big data analytics and web-scale computing technologies to dynamically fulfill, visualize, navigate and assure data services across multi-vendor, SDN and NFV networks.