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March 07, 2007
Danish Gigabit Ethernet Gearmaker Raises $7M
Napatech, a Danish startup that develops and sells programmable Gigabit Ethernet adapters, has raised $7M from Ferd Venture and early investor Northzone, for market expansion.
Founded in 2003, the company has raised about €8.1M in earlier rounds, the largest chunk of which was used to acquire some technology from Xyratex, last year.
Napatech is based in Naerum, Denmark
But has nice digs in Mountain View, Calif
The company's backers want to enable the startup to expand its US activities to offer more efficient support for the "large number of customers and interest" it is seeing there at the moment.
According to Gregers Kronborg of Northzone who said as much in a statement, Napatech is making the transition to market leadership in its corner of the market. Now it is time to scale.
The startup's network adapters support all the good stuff like deep packet inspection, traffic analysis/recording, and security applications. A toolbox enables Napatech's customers, aka original equipment manufacturers (OEMs) to run their own proprietary networking apps on the adapter too.
View Napatech
Posted on March 7, 2007 02:03 PM | Posted to News And Updates | Permalink
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