BTI Systems raises $10M in funding
Monday, February 25, 2013
"Littleton, MA"
Deal Type: 

On the heels of a 40 percent compound annual growth rate during the past
6 years and unparalleled global demand from content and service
providers, BTI Systems today announced $10 million in new growth capital. The Series C funding was led by Bain Capital Ventures and included existing investors BDC, Covington Capital and GrowthWorks. The company has raised more than $33 million since the first quarter of 2011.

With more than 350 customers globally, BTI is the software and
networking leader empowering content and service providers to capitalize
on trends in cloud services, mobility and Internet video. Expanding its
portfolio, the company today also unveiled its newest offering, the BTI
Intelligent Cloud Connect.
A first-of-its-kind solution, Intelligent Cloud Connect enables content
and service providers to overcome the performance bottlenecks created
by the exponential growth of inter-data center network traffic resulting
from the demand for cloud services. The new growth capital is being
used to scale BTI's operations and accelerate the delivery of
Intelligent Cloud Connect.