NetContinuum raises $26 million

By Dawn Kawamoto
Staff Writer, CNET News

NetContinuum received a $26 million second round of funding, led by NIF Ventures.

Adams Street Partners, Invus Group and Siemens Venture Capital also participated in the round, along with previous investor Menlo Ventures. NetContinuum has raised a total of $35 million and received more than a 300 percent increase in valuation, according to a representative. The Santa Clara, Calif.-based company makes switches that service providers use to deliver content and applications more efficiently over their network.

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