NetDevices Inc., a developer of services gateway products for enterprise branch networks, has closed $25 million in Series B funding led by new investor Castile Ventures. Existing investors ComVentures, Columbia Capital, Artiman Ventures, and JumpStartUp also participated. With the new round of financing NetDevices’ total funding increases to $40 million.

The company will scale operations to meet growing demand for Unified Services Gateway Platform that simplifies branch office networking. NetDevices USG unify multiple security and networking services into a single, highly available platform, while improving manageability. NetDevices claims that enterprises can significantly reduce their total cost of ownership while retaining flexibility and increase the serviceability and reliability of critical branch services.

The $25 million funding will fuel NetDevices’ aggressive global sales and marketing expansion to support the growing demand for its SG-8 USG, which minimizes the complexity and increases the manageability of remote branch office networks.
“We closed the Series B with the intent to expand the product line, with more products that would deliver the same value and extend the architectural advantage we have,” says Seenu Banda, Founder and CEO, NetDevices. “At the same time expand the sales and marketing effort making the solution available worldwide,” he adds.

Built from the ground up to reduce branch office complexity, NetDevices’ modular USG combines multiple security, voice, and networking functions into an always-available, remotely manageable platform. Services unification improves network reliability, while NetDevices’ innovative Lifeline management framework allows IT managers to respond quickly to problems and perform upgrades remotely, significantly reducing operating cost for branch networks.

Founded in 2003, the company completed $15 million in Series A to develop products. With customer wins such as SunGard, Northern Illinois University and RockNet, the company targets three main verticals. “Verticals where sophisticated services are required is our target including, education, healthcare and financial sector,” says Banda.
Headquartered in Sunnyvale, CA, the company does a significant portion of its development from their Indian branch based in Bangalore. In last two years the company has scaled to over 100 people with offices in Europe and India.