Brocade, a Nasdaq-listed technology equipment supplier, has acquired for an undisclosed amount Vyatta, a US-based software-based networking company backed by enterprise software corporation Citrix Systems and financial services firm JP Morgan.
Vyatta will be merged into Brocade’s software networking business unit reporting into Ken Cheng.
In November last year, Vyatta raised $12m in its series D round taking its overall funding to more than $45m since 2005.
Citrix previously led Vyatta’s $10.1m series C round in March 2010, with participation from ArrowPath, as well as telecom and internet company Comcast’s corporate venturing fund and VC firm Panorama Capital.
Comcast Interactive Capital had already led Vyatta’s series B round, which raised $11.3m in April 2007 from investors also including JP Morgan, ArrowPath and VC firm ComVentures, all of which contributed to Vyatta’s series A round, which raised $7.5m in 2006. ComVentures has since merged with the Velocity Investment Group to become Fuse Capital.