SAN JOSE, Calif., July 16, 2018 (GLOBE NEWSWIRE) — Arrcus, the provider of the software that powers network infrastructure and its transformation for the interconnected world, today announced $15 million in Series A funding led by General Catalyst, with participation from seed investor Clear Ventures. Steve Herrod, Managing Director at General Catalyst, and Chris Rust, founder and General Partner of Clear Ventures have joined the board.
Today Arrcus formally launched and released its first product, ArcOS, an independent software-driven, hardware agnostic network operating system: https://www.globenewswire.com/NewsRoom/ReleaseNg/2401378
Company advisors include Pankaj Patel, former EVP and CDO of Cisco; Amarjit Gill, serial entrepreneur who founded and sold companies to Apple, Broadcom, Cisco, EMC, Facebook, Google, and Intel; Kelly Ahuja, former SVP/GM Cisco Service Line Providers of Business and presently CEO of Versa; Fred Baker, former Cisco Fellow, IETF Chair and Co-Chair of the IPv6 Working Group; Randy Bush, Internet Hall of Fame, ex-VP of IP Networking of Verio (acquired by NTT); Farzad Nazem, former CTO of Yahoo; Rajiv Patel, ex-VP Engineering of Juniper; Jeff Tantsura, Internet Architecture Board and IETF Chair for Routing Working Group; Shawn Zandi, Director, Network Engineering at LinkedIn; and Nancy Lee, ex-VP of People at Google.
Veterans of Broadcom and Cisco, Devesh Garg, Keyur Patel and Derek Yeung founded Arrcus to develop an independent operating system that enables organizations to cost effectively build massively scalable infrastructure across physical, virtual and cloud network environments while delivering superior performance, security and deployment flexibility.
Arrcus co-founder and CEO Devesh Garg, who was previously President of EZchip (acquired by Mellanox), a global leader in network processors, said: “I am excited about scaling our company as ArcOS deployments gain mainstream adoption. Providing our customers the freedom to choose the best in class products while lowering their overall TCO will accelerate the wide scale market adoption of white box switches and routers. Arrcus liberates customers from proprietary vertically integrated hardware by delivering an independent networking operating system that allows you to fully re-imagine and transform your network.”
The Arrcus team consists of world-class technologists from networking, routing, infrastructure and automation that have an unparalleled record in shipping production quality products. The development team combined has more than 600 years of experience and collectively has shipped more than 400 products and holds more than 150 patents.
“Networking infrastructure is a foundational and strategic element in today’s hyper-connected world and Arrcus has the all ingredients to transform this large market,” said Steve Herrod, Managing Director at General Catalyst. “Their world-class leadership and development team, domain expertise, product innovation and customer traction are but a few reasons that will allow the white box switch and router market to reach its broad based multi-billion dollar potential.”
“Our seed investment was based on the team and their bold vision to transform the networking industry with a next generation network operating system. The team’s superb execution has produced ArcOS, and this financing provides the resources to accelerate large scale white box network equipment deployments. I am thrilled to be part of the journey,” said Chris Rust, founder and Managing Partner of Clear Ventures.
Arrcus’s founding vision is to enrich human experiences by interconnecting people, machines and data. The company’s mission is to provide software powered network transformation for the interconnected world. The Arrcus team consists of world class technologists, from networking, routing, infrastructure and automation environments, who have an unparalleled record in shipping production quality products and are complemented by industry thought leaders, operating executives and company building strategic investors. The company is headquartered in San Jose, California. For more information, go to www.arrcus.com or follow Arrcus on Twitter @arrcusinc.
Media and Analyst Contact:
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/167e335e-529a-4ef7-ac34-d3da0ec8a865