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Juniper invests in Blade Network Technologies
By siliconindia
Bangalore: Juniper is investing in datacenter switch vendor Blade Network Technologies. However the amount it is investing in Blade's $10 million B round of funding is not known, reports Network World.
The company was formed from assets spun out of Nortel Networks in 2006 and has accumulated $230 million in funding since then. "NEC is also a new investor along with a third 'technology powerhouse' as a silent investor," said Vikram Mehta, CEO of Blade. Garnett and Helfrich Capital, Blade's founding investor has completed the round with its reinvestment.
Blade is an OEM (original Equipment Manufacturer) supplier to both NEC and Juniper and Juniper's EX2500 top-of-rack 10G Ethernet data center switch is supplied by Blade.
The investment will be used by Blade to ramp up R&D and sales and marketing. The company plans to develop a 64-port 10G top-of-rack switch and management products for virtualized data centers, and it plans to be the first vendor in the industry to unveil 10G switches at less than $100 per port.
"Blade is well aligned with Juniper Networks in our commitment to reduce the total cost of network ownership while providing the high performance, scalability and virtualization required by today's dynamic data center environments," said David Yen, Executive Vice President and General Manager of Juniper's fabric and switching technologies business group. "We are delighted to invest in Blade Network Technologies to address some of the most challenging connectivity needs for next-generation networks."
