Arrcus – a hyperscale networking software company and a leader in the core, 5G/edge, and multi-cloud routing and switching – recently announced a significant new investment from Hitachi Ventures, the venture arm of Hitachi, for an additional closing of its Series D.
This new funding showcases growing investor interest in Arrcus from strategic and corporate venture groups. This capital infusion will empower Arrcus to accelerate its growth, expand market reach, and continue delivering cost-effective and transformational networking solutions to customers worldwide. The additional investment brought Arrcus’ Series D funding to over $65 million.
Hitachi Ventures’ investment is going to bolster Arrcus’ mission to revolutionize the networking industry through innovative software-driven solutions. And with the increasing adoption of Arrcus routing and switching solutions by Fortune 500 and Global 2000 customers, Arrcus and Hitachi Ventures have the potential for creating complementary solutions for enterprise and service provider customers.
Hitachi Ventures brings a solid track record of successful investments in cutting-edge technology companies and a wealth of knowledge in enabling digital transformations across various industries. And the partnership helps solidify Arrcus’ position as a foundational infrastructure provider to leading corporations, paving the way for future growth and expansion.
Arrcus garnered significant attention and recognition for its innovative approach to network modernization. And with its Arrcus Connected Edge (ACE) networking platform and an extensive product portfolio that includes the groundbreaking ArcOS network operating system as well as the ArcIQ analytics solution, the company empowers organizations to build cost-effective, scalable, reliable networks for modern business demands.
KEY QUOTES:
“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. This investment further validates our innovative technology and signifies the immense market potential for which we are staking a claim.”
— Shekar Ayyar, chairman and CEO of Arrcus
“We are excited to be investing in Arrcus and participating in its growth. Arrcus’ innovative networking solutions that save substantial cost and enable new network service creation will play an important role in the infrastructure stack for this AI era and aligns perfectly with our investment thesis. We look forward to supporting the company’s vision and contributing to its continued success.”
— Gayathri Radhakrishnan, Partner, Hitachi Ventures
