California: Arrcus raises $30m in funding round

 Hyperscale networking firm Arrcus has raised $30 million in an investment round with investments from Nvidia and Hitachi Ventures amongst others. 
 

"We are thrilled to welcome Nvidia as our latest investor and look forward to building on our collaboration. Arrcus’ leading networking software coupled with Nvidia’s AI infrastructure will help deliver maximum efficiency to customers from data centers as well as their Edge and cloud computing environments," said Shekar Ayyar, chairman and CEO of Arrcus.

Other companies like Prosperity7 Ventures, Lightspeed, Liberty Global, Clear Ventures, and General Catalyst also participated in this investment round. Before this, the company had raised $138 million in funding and counts Amazon Web Services, Equinix, Edgecore networks, and CoreSite among its partners. 

“Modern networks are evolving to address customer needs in the era of AI,” said Kevin Deierling, senior vice president of networking at Nvidia. “We’re collaborating with Arrcus to provide high-performance, secure, and cost-efficient data center networking for a variety of accelerated computing applications.”