NoviFlow Announces Additional Funding for Expansion

NoviFlow Announces $8 Million Additional Funding for Expansion

Export Development Canada (EDC) joins current investors in financing the scaling-up of NoviFlow’s growing cybersecurity and programmable network edge business

These new investments will allow NoviFlow to pursue its growth beyond its current base of clients in North America, Asia-Pacific and Europe, and will be used to hire additional staff in product development, sales and marketing. This expansion of resources is needed following a significant surge in new projects with tier-1 customers such as network operators, hyperscalers and Government agencies, seeking to leverage programmable networking technology for cybersecurity, 5G and cloud service migration to the network edge.