Arrcus Raises $30M, Expands to Network Edge

摘要

Arrcus, a leading provider of software driven solutions that power network transformation for the interconnected world, announced $30 million in Series B funding. The oversubscribed round, which brings the total capital raised to $49 million, was led by Lightspeed Venture Partners and included full participation from existing investors General Catalyst and Clear Ventures. Having delivered production deployments across data center, content delivery network, and service provider environments, the funding enables Arrcus to expand its operations to support its rapidly-growing customer base, scale strategic partnerships, and expand the reach of its market-leading independent network operating system, ArcOS. With this announcement, Guru Chahal, Partner at Lightspeed, joins Steve Herrod, Managing Director at General Catalyst and Chris Rust, founder and General Partner at Clear Ventures on the board of directors.