HomeWinBuzzer NewsMicrosoft Ventures Backs Network Software Startup SnapRoute in $25 Million Funding Round

Microsoft Ventures Backs Network Software Startup SnapRoute in $25 Million Funding Round

Microsoft Venture's investment is planning to take on the network industry by providing an affordable, scalable, network stack. The Redmond giant believes SnapRoute's ability to reduce enterprise costs will cause considerable growth.

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Ventures is among the investors in network software startup SnapRoute. The california-based company raised $25 million in its Series A funding, led by Norwest Venture Partners. Joining the Redmond giant is AT&T, Lightspeed Venture Partners, and more.

SnapRoute was founded by former Apple engineers and provides the FlexSwitch OS. It features a reliable open-source network stack that can run on white box devices.

SnapRoute is filling a gap in how network engineers work today by offering a highly scalable open networking stack, enabling engineers to work more efficiently and reduce enterprise costs,” said Nagraj Kashyap, corporate vice president, . “This smart offering, paired with a strong technical team, sets SnapRoute up for continued market traction.”

New Board of Director Members

The funding also led to a number of new additions to the board of directors. Norwest Venture Partner's Rama Sekhar will be joining, alongside Lightspeed partner John Crionis and Joe Sexton.

“SnapRoute is disrupting the multi-billion-dollar networking market by fundamentally changing how networks are built and scaled today,” said Sekhar. “By disaggregating software from hardware, SnapRoute is offering flexibility that has historically eluded the networking industry…We are excited to invest in this innovative team as they change networking as we know it.”

Switches from Accton, Celestica, and Quanta can also support SnapRoute. The software simply requires a Linux operating system. While competitors like Cisco run up to 30 million lines of code, SnapRoute's is around 100,000.

Vronis also had a lot of praise for the startup, stating, “We partnered with Jason from day one because he's a visionary disrupting a massive market at the right time. The entire networking industry is rapidly moving to an open, flexible model and SnapRoute is a leader in this new era.”

Lightspeed believes they take on the giant, Vronis telling VentureBeat “Cisco's core business is dying.”

You can find more about the funding via the Market Wired press release.

Ryan Maskell
Ryan Maskellhttps://ryanmaskell.co.uk
Ryan has had a passion for gaming and technology since early childhood. Fusing the skills from his Creative Writing and Publishing degree with profound technical knowledge, he enjoys covering news about Microsoft. As an avid writer, he is also working on his debut novel.

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