Tech giant Juniper Networks this morning introduced the $50 million Junos Innovation Fund, a new corporate venture capital initiative that will invest primarily in VC-backed technology companies in early or growth stage.
The fund builds up on Juniper’s efforts to establish an ecosystem of technologies, software and applications built on its cross-network software platform Junos, the company said.
According to the press release, the Junos Innovation Fund will invest in companies over the next two years, and focus on areas such as networking technologies, applications, and services that foster the development and deployment of security infrastructure, mobility and video solutions, virtualization, network automation, optical technology, and green networking.
Juniper Networks currently has investments in 11 companies, including Ankeena Networks, Blade Network Technologies, Cyan Optics, FireEye and Packet Design.
Juniper Networks, Inc. (Juniper Networks) designs, develops, and sells products and services that together provide its customers with network infrastructure. It segments: Infrastructure and Service Layer Technologies (SLT). The Company’s Infrastructure segment primarily offers routing and switching products that are used to control and direct network traffic from the core, through the edge, aggregation, and the customer premise equipment level. Infrastructure products include its Internet protocol (IP) routing, carrier Ethernet routing portfolio, and Ethernet switching portfolio. In addition, the...