Monday, July 10, 2023

Arrcus adds financial backing from Hitachi Ventures

Arrcus, a hyperscale networking software start-up based in San Jose, California, announced a significant new investment from Hitachi Ventures in an additional closing of its Series D funding round. 

Hitachi Ventures' investment will bolster Arrcus' mission to revolutionize the networking industry through innovative software-driven solutions. With increasing adoption of Arrcus routing and switching solutions by Fortune 500 and Global 2000 customers, Arrcus and Hitachi Ventures are excited about the potential for creating complementary solutions for enterprise and service provider customers.

"We are thrilled to welcome Hitachi Ventures as our latest investor into our Series D and value this partnership. Hitachi Ventures’ deep industry expertise and reach will strengthen our position as a leading provider of software-driven networking solutions," said Shekar Ayyar, chairman and CEO of Arrcus. "This investment further validates our innovative technology and signifies the immense market potential for which we are staking a claim."

Hitachi Ventures brings an exceptional track record of successful investments in cutting-edge technology companies and a wealth of knowledge in enabling digital transformations across various industries. The partnership helps solidify Arrcus’ position as a foundational infrastructure provider to leading corporations, paving the way for future growth and expansion.

https://www.arrcus.com