128 Technology Raises $21.5M in Series C Funding

128 Technology, a Burlington, Mass.-based session-oriented routing software company, raised $21.5m in Series C funding.

Investors in the round, which brought the the total capital raised to $57m, included executive management and current employees of 128 Technology, individual investors, as well as G20 Ventures.

The company will use the funds to grow its global presence and accelerate the expansion of the its platform.

Founded in 2014 by Andy Ory, CEO, 128 Technology provides the 128T Networking Platform (128T) which leverages Secure Vector Routing to enable enterprises and service providers of all sizes to build networks that are session-based, service-centric, and software-defined.
The platform can be deployed to either augment or replace existing network routing solutions, streamline adoption and speed time to value.

The company has grown to more than 100 employees and has operations throughout North America, South America, Europe, and Asia Pacific.



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