Kaloom raises USD 10m in A1 funding

Kaloom, an emerging provider of the fully automated data center networking software market, has announced that it has raised a USD 10 million Series A1 funding round, the company said.

The latest financing was led by the Fonds de solidarité FTQ, and Somel Investments, with the participation from MBUZZ Investments. This cash infusion brings Kaloom´s total investments to USD 20.7 million.

Kaloom is based in the heart of the Quartier de l´innovation in Montreal, Quebec and in the Silicon Valley. The company was founded by its CEO, Laurent Marchand, with the vision of providing the industry´s most automated and programmable data center networking fabric, one that will disrupt how data centers are built and managed by cloud providers, telcos and enterprises.

The new funding will advance the development and sales of Kaloom´s innovative automated Software Defined Fabric (SDF), an industrialized software solution for open networking white boxes, including Accton, Delta and others. Kaloom´s SDF is ideally suited for hyperscale as well as distributed data center environments that have a need for low latency, low cost, programmable solutions. The company will also use the funds to expand its employee base from 70 to 100 by the end of the year.