10 Months From Launch To Sale: Behind The Latest Ludicrously Fast Exit In Enterprise
Every few weeks, we hear about another fast exit in the insanely hot new software-defined networking market. Today, 10-month old LineRate Systems was acquired by F5 Networks. The companies didn't announce how much F5 paid, but we do know that Boulder, Colo.-based LineRate had a $4.75 million seed round led by Boulder Ventures. And we know that it only launched its product in April—just 10 months ago. We're guessing that the LineRate folks raked in a hefty payout because the valuations on these SDN startups have been super high. The feeding frenzy started when VMware bought Nicira, a
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