Ranovus provides multi-terabit interconnect technology for data centre and communications networks.
The company’s backers include Azure Capital Partners, T-Venture, BDC Venture Capital, OMERS Ventures, and MaRS Investment Accelerator Fund.
Azure founding general partner Paul Ferris said, “Over the last decade we have invested and closely partnered with emerging technology leaders that have transformed the landscape of the communications industry. Ranovus’s solutions enable a high capacity platform for cost-effective terabit interconnectivity– a reality that is required for the new cloud computing infrastructure.
“The Ranovus team are veterans in the industry and have already delivered key technology milestones while partnering closely with leading data centre players, network operators and OEMs to deliver their first market defining product.”
One of Ranovus’ backers, BDC Venture Capital has recently decided to invest a further $135m in innovative healthcare companies, taking its total commitment to the sector to $270m.
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