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Ideaspring Capital Marks Second Investment – Pumps 600K In Bengaluru Based Lavelle Network

Ideaspring Capital Marks Second Investment – Pumps 600K In Bengaluru Based Lavelle Network

Early-stage venture fund Ideaspring Capital has invested $600K Lavelle Networks, a startup in the SDN (Software Defined Networking) space.

Founded in 2015, by Shyamal Kumar and Karthik Madhava Bengaluru-based Lavelle Networks offers an SDN platform that connects multiple locations over the Internet in a secure manner.

Talking about the funding, Naganand Doraswamy, MD Ideaspring Capital said, “Lavelle Networks is working on an innovative product-based on SDN that makes it very easy for organisations to deploy their wide area networks. We are very excited to partner with the Lavelle Networks team who have deep experience in networking and help them scale their company.”

According to a company statement, on its platform all users, branches, and cloud networks are connected via an SDN gateway aggregating multiple WAN links at the branches, creating a single logical pipe. It also offers a user interface which can manage a 10-10000 node network with less than four operational steps.

All EDGE networks connected over this platform are also dynamically switched to a congestion-aware Internet overlay that can deliver consistent levels of network performance even when applications are on the public cloud or SaaS destinations. This steady Internet stream is needed for SaaS to work, as it is hosted on the cloud and needs constant connection with the web to physical host.

The startup has offices in Bengaluru, Singapore, Dubai, and California.

Its flagship service “Xpedition” provides ‘Private.Internet.Network-as-a-Service’ that connects users to applications anywhere, anytime. The applications could be in a branch, data centre or the cloud. The service aggregates multiple WAN links at the branches creating a single logical pipe.

Founded in 2016, Ideaspring Capital  is an early-stage venture fund focussed on investing in product innovation startups in India. TV Mohandas Pai, Patni scions Arihant Patni and Amit Patni, angel investors Naganand Doraswamy, and Prashant Desphande joined hands with Sasken Technologies’ CMD Rajiv Mody to float this $18.7 Mn (INR 125 Cr) fund.

Earlier this month, Chennai-based tech startup, Karomi Technology secured $494K (INR 3.3 Cr)  from Ideaspring Capital.

In August 2016, cloud platform Nutanix acquired Calm.io, an innovator in DevOps automation. It also executed a definitive agreement to acquire US-based PernixData, a scale-out data acceleration and analytics platform.

Author

Aparna Mishra

Inc42 Staff

After a 2-year-stint at Ernst & Young, Aparna moved to Journalism. Her prior experience enables her to understand business management. An avid reader and a traveller she hopes to gain insights on the startup ecosystem at Inc42.

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