NFWare Raises $2M in Funding

NFWare, a Madrid, Spain-based developer of network software that allows the processing of traffic at the speeds of expensive hardware on standard x86 servers, raised $2M in funding.

The round was led by Sistema Venture Capital fund, with participation from existing investors including Maxfield Capital and Almaz Capital as well as Wayra, the accelerator of Telefonica Open Future_.

The company will use the funds to expand operations.

Established in 2014 as a spin-off startup from non-profit organization Applied Research Center for Computer Networks by Alexander Britkin, CEO, NFWare develops virtualized IP routing technology for telco networks and data centers.
The company’s approach is based on NFV (Network Functions Virtualization) and SDN (Software Defined Networking) technology solutions, which allow migration of network infrastructure functions to a virtual environment shifting the networking industry away from the pre-packaged hardware towards software.
Products include:
– Virtual ADC (Application Delivery Controller), a load balancing solution that allows to increase traffic processing speed for high-loaded projects and protects against DDoS attacks, and
– Virtual CGNAT (Carrier Grade Network Access Translation), a solution for telco networks to extend the life of an IPv4 network infrastructure, mitigate IPv4 address exhaustion and provide a seamless migration to IPv6.

FinSMEs

24/03/2017

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