Existing investors Spark Capital and Comcast Ventures also took part in the round, which Benu said would be used to accelerate its go-to-market strategy.
Sutter Hill managing director Stefan Dyckerhoff will join the Benu board of directors following the financing, the company added.
He said, “Benu’s disruptive approach for large-scale device management, session control and IP service intelligence solves a big networking problem for Wi-Fi and HetNet deployments and influenced our decision to invest in the company.”
Earlier this year Sutter Hill was among firms backing a $17m Series B financing round for IT company Instart Logic, which develops a cloud-based service for web publishers aimed at improving web user experience over WiFi and mobile networks.
The round, which took Instart’s total funding to date to $26m, also included investment from Andreessen Horowitz, Greylock Partners and Tenaya Capital as well as “Silicon Valley leaders”, the company said.
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