SUNNYVALE, Calif.-Siemens Venture Capital GmbH made a strategic investment in Dune Networks, which provides merchant silicon solutions for traffic management and scalable switching fabrics.
“Dune’s traffic management technology together with its scalable fabric has proven to be the best in the market,” said Gerd Goette, investment partner at Siemens Venture Capital. “It enables Siemens to develop a product portfolio around a single technology, which addresses the service providers’ traffic management requirements in the metro, core and edge markets.”
Dune said it will use the funds to accelerate and expand its sales, marketing and product development activities.
