What is Arrcus?
Founded in 2016 and headquartered in San Jose, California, Arrcus is dedicated to enriching human experiences by interconnecting people, machines, and data. The company's core mission revolves around providing software-powered network transformation solutions tailored for an increasingly interconnected world. Arrcus operates within the networking and infrastructure technology sector, aiming to enhance connectivity and data flow for its clients.
How much funding has Arrcus raised?
Arrcus has raised a total of $145M across 5 funding rounds:
Series A
$15M
Series B
$30M
Debt
$1M
Other Financing Round
$49M
Series D
$50M
Series A (2018): $15M with participation from General Catalyst and Clear Ventures
Series B (2019): $30M led by Clear Ventures, General Catalyst, and Lightspeed Venture Partners
Debt (2020): $1M supported by PPP
Other Financing Round (2020): $49M featuring Lightspeed Venture Partners
Series D (2023): $50M backed by Prosperity7 Ventures
Key Investors in Arrcus
Prosperity7 Ventures
Prosperity7 Ventures is the diversified growth fund of Aramco Ventures, investing globally in breakthrough technologies and transformational business models with a long-term view.
Lightspeed Venture Partners
Lightspeed Venture Partners (lsvp.com) is a global multistage venture capital firm that invests in early and growth-stage technology companies across various sectors, partnering with founders from seed through IPO/M&A.
General Catalyst
General Catalyst operates as a venture capital firm focused on identifying and supporting transformational business opportunities across multiple sectors and stages, deploying capital strategically to back entrepreneurs and management teams pursuing ambitious visions.
What's next for Arrcus?
The substantial enterprise-level funding Arrcus has garnered, particularly the recent strategic investment, positions the company for accelerated scaling and market expansion. This infusion of capital is likely to fuel further innovation in their software-defined networking solutions and bolster their go-to-market strategies. Arrcus is poised to leverage this financial backing to solidify its competitive edge and pursue its objective of transforming network infrastructure for the future.
See full Arrcus company page
