Pluribus Networks Receives Strategic Investment from China Broadband Capital

PALO ALTO, Calif., March 25, 2013 /PRNewswire/ --Pluribus Networks, the leader in hardware-accelerated network virtualization for private and public cloud datacenters, today announced that China Broadband Capital (CBC) has invested in the company's Series C funding. This brings the total amount raised to date to over $44 million from investors including Menlo Ventures, New Enterprise Associates, and Mohr Davidow Ventures. The funding will be used to meet customer demand for deploying the company's production-ready software-defined virtualized Fabric offering in China.

Pluribus Networks was founded in 2010 and announced in September, 2012 that it had partnered with TIBCO Software Inc. to deliver TIBCO Enterprise Message Service™ Appliance and TIBCO FTL® Message Switch. Network World recently recognized Pluribus as a "Top 10 SDN Startup to Watch."

"As the first Chinese VC that specializes in cloud computing industries, CBC Capital has fostered strong relationships with government and businesses," said Dr. Edward Tian, Chairman of CBC. "The Pluribus Networks Server-Switch architecture is the ideal platform for offering the Network-as-a-Service to cloud computing and Big Data in China. Webscale hardware leveraged with Pluribus Networks at the top or middle of the rack can be provisioned on-the-fly as a purpose-built Hadoop appliance or general-purpose Infrastructure-as-a-Service with an integrated CloudStack controller. Chinese companies on hyper-growth trajectories have an immense appetite for cloud computing and data-driven analytics."

Pluribus Networks Netvisor® is a programmable, distributed network operating system that runs on Pluribus Networks' highly-optimized Server-Switch™ hardware. Netvisor provides a platform for fabric-based computing that enables applications to move into the network, and to serve both physical and virtual network infrastructure. The solution is highly modular and fault tolerant with a self-healing design that enables extremely high operational flexibility and makes zero-touch provisioning of virtual machines and network services a reality.

"Cloud computing is driving the convergence of server, storage, and network," said Ken Yang, Co-Founder and VP of Engineering at Pluribus Networks. "The expertise of China Broadband Capital in supporting companies in cloud computing will accelerate our ability to deliver software-defined networking software and infrastructure for cloud data centers in China. We are looking forward to collaborations with the companies in their portfolio."

Availability

The Pluribus Networks Netvisor® solution is currently available to select customers on the Pluribus Networks F64 Series platform.

About Pluribus Networks       

Pluribus Networks is a leader in performance-oriented network virtualization for private and public cloud datacenters. Our systems transform how IT administrators deploy applications so they can realize productivity gains and enable new business models. Pluribus Networks delivers operational excellence by optimizing datacenter network utilization while maintaining required levels of performance, reliability, and availability. Information about Pluribus Networks can be found at http://www.pluribusnetworks.com.

About China Broadband Capital

China Broadband Capital (CBC) is a China-based private equity firm with focus on media and communications investment. CBC has an exceptional investment team with complementary backgrounds and experiences consisting of industry leaders and executives, private equity professionals and entrepreneurs. The unique combination of our diversified skill sets, experiences and relationships enables us to add value throughout the investment process, and places CBC in the best position to help shape the "Digital Eco-System" for China. For more information, visit http://www.cbc-capital.com.

Pluribus Networks, the Pluribus Networks logo, Server-Switch™, iTOR™, Netvisor®, nvOS®, and vManage® are trademarks or registered trademarks of Pluribus Networks, Inc. in the United States and other countries. All other trademarks, service marks, registered marks, or registered service marks are the property of their respective owners.

SOURCE Pluribus Networks