Ranovus readies its interfaces for deployment
Thursday, October 30, 2014 at 11:02AM - Products will be deployed in the first half of 2015
- Ranovus has raised US $24 million in a second funding round
- The start-up is a co-founder of the OpenOptics MSA; Oracle is now also an MSA member.
Ranovus says its interconnect products will be deployed in the first half of 2015. The start-up, which is developing WDM-based interfaces for use in and between data centres, has raised US $24 million in a second stage funding round. The company first raised $11 million in September 2013.
Saeid Aramideh"There is a lot of excitement around technologies being developed for the data centre," says Saeid Aramideh, a Ranovus co-founder and chief marketing and sales officer. He highlights such technologies as switch ICs, software-defined networking (SDN), and components that deliver cost savings and power-consumption reductions. "Definitely, there is a lot of money available if you have the right team and value proposition," says Aramideh. "Not just in Silicon Valley is there interest, but in Canada and the EU."
