Tuesday, July 15, 2008

A10 Networks®, the technology leader in providing Web Application Delivery solutions got $23 million in Series C funding

What Company Is Offering:
A10 Networks is with a mission to provide innovative networking and security solutions. A10 Networks makes high-performance products that help organizations accelerate, optimize and secure their applications.

How Much They Got From VCs:

A10 Networks®, the technology leader in providing Web Application Delivery solutions, today announced the completion of $23 million in Series C funding led by Mitsui & Co. Ltd. The new financing brings A10's total funding to $39 million. Existing investors Mitsui, Triton Ventures, H&Q/Asian Pacific, Harbinger Venture and Enspire Capital contributed 89 percent of the C funding. This demonstrates a high level of existing investors' confidence in A10. CIDC is the only new investor.

A10 will use the proceeds to fund continued growth to rapidly scale its operations worldwide, including acceleration of global expansion and product development. Since the beginning of 2008, A10 has won over 100 new customers for its AX Series Advanced Traffic Manager family, which are next-generation server load balancers, EX Series bandwidth management appliances with identity and ID Series network identity management appliances.


More at:http://www.a10networks.com

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