Barefoot Networks Raises $23M

What does Barefoot Networks do?

Barefoot Networks, is a company which sells ultrafast chips for switching systems. It is a team of visionaries, experienced engineers and technologists who created a designing blueprint and operating the most programmable and fastest networks. their aim is making programming users network as simple as programming a CPU. They believe that when the network is totally programmable, that is both the data plane and control plane are under control of the end user- the networking industry will enjoy the same innovation explosion as seen in storage anc compute.

How much Barefoot Networks was funded?

The company raised $23M in Series C on November 22, 2016 from Tencent Holdings and Alibaba.

Previous funding

$1.35M on December 25, 2013

$24M in Series A on May 14, 2014 from Sequoia Capital, Andreessen Horowitz and Lightspeed Venture Partners.

$50M in Series B on June 1, 2015 from Sequoia Capital, Andreessen Horowitz and Lightspeed Venture Partners.

$57M in Series C on June 14, 2016 from Goldman Sachs, Andreessen Horowitz, Google,  Sequoia Capital, Hermes Growth Partners, Lightspeed Venture Partners and Hewlett Packard Enterprise

What is next for Barefoot Networks?

With the latest funding the company has raised a total of $155.3 M to date. Their Tofino chip is on track for delivery for customers at the last quarter of this year. Their unveiling of this chip in June signaled the start of the end for the fixed function switching chips and their domination since the 90s’.

More about Barefoot Networks

Barefoot Networks was founded in May, 2013 by Martin Izzard and Nick McKeown. It has its headquarters in Palo Alto, California. This company launched this year after 2 years of developing the most programmable and fastest switches ever built. This company empowers network owners and their infrastructure partners in optimizing, designing and innovating for meeting their specific requirements and gaining advantage over their competitors.