RIFT.io develops RIFT.ware, an open-source hyperscale network virtualization platform that simplifies the development, deployment and management of virtual network services, applications and functions. The company positions its software to migrate network services from proprietary appliances to open, hyperscale networking software to enable VNFs in cloud networks supporting web, mobile and IoT applications. RIFT.io says its platform combines the economics and scale of hyperscale data centers with the security and availability of carrier-grade network services and allows scaling from a single VM to many across multiple clouds. The firm was founded in 2014 and is headquartered in Burlington, MA, with offices in San Jose, CA and Bangalore, India. Leadership includes CEO Greg Alden, CTO Tim Mortsolf and CDO Matt Harper along with senior executives from established networking and enterprise-software companies. RIFT.io plans to continue development of RIFT.ware, expand product, design and engineering teams, and grow marketing and customer support capabilities; it has also joined Intel's Network Builders program.

Total raised

$16M

Funding rounds

1

Latest round

Series A

Latest activity

Aug 2015