Vyatta today announced it has completed its $10 million Series C round of financing led by Citrix Systems. The new funding round also includes existing investors, Comcast Interactive Capital, Panorama Capital, and ArrowPath Venture Partners. As part of the investment, Gordon Payne, senior vice president and general manager of the Delivery Systems Division at Citrix, has joined the Vyatta Board of Directors where he will assist the company in its next phase of development.
Today, Vyatta also announced that it has joined the Citrix Ready product verification program to create solutions for customers deploying cloud computing infrastructures.
Vyatta will use the funds for operating capital as the company scales its sales efforts and accelerates growth across multiple markets.
Vyatta runs on standard x86 hardware and can be virtualized with modern hypervisors, including the Citrix XenServer™ virtualization platform. Vyatta delivers a full set of networking features that allow customers to connect, protect, virtualize, and optimize their networks, improving performance, reducing costs, and increasing manageability and flexibility over proprietary networking solutions. Vyatta has been deployed by hundreds of customers world-wide in both virtual and non-virtual environments.
[…] Virtualization.com this morning reported that Vyatta — who describe themselves as the “open source alternative to Cisco” — just raised another round of funding, but check out who’s leading it: Vyatta today announced it has completed its $10 million Series C round of financing led by Citrix Systems. The new funding round also includes existing investors, Comcast Interactive Capital, Panorama Capital, and ArrowPath Venture Partners. As part of the investment, Gordon Payne, senior vice president and general manager of the Delivery Systems Division at Citrix, has joined the Vyatta Board of Directors where he will assist the company in its next phase of development. […]