Inkra Networks raises $30.1 million
Data center switch maker Inkra Networks has raised $30.1 million in a second round of funding led by Morenthler Ventures, the company announced Monday.
Also participating in the round were previous investors Battery Ventures, Norwest Venture Partners, Storm Ventures and Greenstone Venture Partners. Fremont, Calif.-based Inkra Networks, which has raised a total of $66.6 million, plans to use the money to expand sales and business operations. The company's software and hardware products aim to simplify and streamline the data center environment.
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