Tech Company Financing Transactions
Canopus Networks Funding Round
Canopus Networks, based in Haymarket, secured $3 million from Konvoy Ventures.
Transaction Overview
Company Name
Announced On
5/31/2023
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company will use the additional funding to accelerate growth in new markets and to develop further gaming-specific products.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Level 5, 24 Campbell Street
Haymarket, NSW 2000
AU
Haymarket, NSW 2000
AU
Phone
Website
Email Address
Overview
Canopus Networks is an Australian company offering an affordable network visibility management solution driven by two emerging technologies, artificial intelligence (AI) and programmable switch (P4) technology. Canopus Networks originated from years of research on Software Defined Networking (SDN) at UNSW Sydney supported by the Open Networking Foundation (ONF), Google, HPE, Cisco and major Telecoms players in Australia. The research pioneered the use of programmable network techniques for traffic classification and application experience measurement.
Management Team
Browse more venture capital transactions:
Prev: 5/31/2023: BOOM venture capital transaction
Next: 5/31/2023: Holdings venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on every notable VC transaction. All VC database entries on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs