Netrnome closes round of funds for $23 mn

SAN JOSE:Netronome Inc. a developer of network flow processors, has closed a $23 million Series D round of financial support.

The round was being led by latest investor DFJ Esprit, and included earlier investors Raptor Group, Tudor Ventures and Top Technology. The round in addition included investment from, Analysys founder David Cleevely and Fore Systems founders Robert Sansom and Eric Cooper.

The funds will speed up Netronome’s development in the quickly increasing network flow processor marketplace.

Netronome rolled out at the Multicore Expo two PCI Express Gen2 adapter cards and a chassis-based system by means of its 40-core network processor announced previous year. The products appear as

competitor Cavium Networks is anticipated to declare its next-generation communications processor, a 32-core device.

Netronome is currently shipping its NFP-3240 network flow processor, a resultant to Intel's IXP28XX line of network processors, particularly designed for firm coupling with universal purpose X-86-based multicore Intel processors to speed up network, security and content performance

up to 40 and 100 Gbps.