Summary Bullets:
- Support from AT&T, Verizon, and Rahi Systems is a big thumbs up for both Lumina in particular and hardware-agnostic SDN in general.
- The fact that Lumina needs external funding to grow shows that growing organically in the SDN business is still difficult.
At its launch last year as Brocade’s networking business spinoff, Lumina Networks’ value proposition focused on building a service-oriented business, catering open-source, hardware-agnostic SDN solutions to telcos and enterprises. Last week’s announcement of the company’s successful $10 million funding round (of which $8 million was from Verizon Ventures) validates this value proposition and underlines the confidence large telcos like AT&T and Verizon have in the company’s solutions and business model. Continue reading “Lumina’s Funding Announcement: Big SPs Put Their Money Where Their Mouth Is”