Deal Announcements

Altor Networks Nets $10 Million Series B Funding

Thursday, March 04, 2010 5:40:00 AM PDT | VentureDeal Staff

Redwood City, California  --  IT company Altor Networks has raised $10 million in a second round of institutional venture capital funding.

Altor Networks has developed technologies that empower virtual data center administrators to have greater visibility and security for their virtual networks.

Investors in the round included DAG Ventures, Accel Partners, Foundation Capital and Junos Innovation Fund.  The company said it would use the financing to expand its global sales and marketing efforts.

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