Sequoia pours in $33M into US stealth networking startup vIPtela

By VCPOST Staff Reporter

Dec 10, 2013 09:50 PM EST

California-based secretive startup vIPtela has picked up USD33 million in funding from Sequoia Capital. The company did not confirm its total funding to date and the amount it had secured prior to this round, according to VentureBeat.

Ramesh Prabagaran, the startup's vice president of products, told VentureBeat that the funding came two months ago. He also said vIPtela is focusing on a type of computer networking called wide-area networks. This network links together data centers in multiple locations, the report stated. 

For many years, servers have been trying to simulate hardware through software-based machines. This process is called virtualization. vIPtela is among the tech companies that are trying to develop technology that will virtualize whole networks. The field is known as software-defined networking (SDN) or network virtualization. The goals of SDN products are to centralize management and achieve greater flexibility for cloud-enabled data centers with virtualized servers, the report detailed. 

The stealth startup could be a candidate for acquisition from a firm that has not yet solved the problems that vIPtela is already working on. Or perhaps the company could develop a more reliable product and expand its focus, wrote VentureBeat.

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