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NetBox Labs raises $20M

New York-based complex networking company NetBox Labs has raised $20 million in Series A funding. The investment was led by Flybridge Capital.

GGV Capital, Grafana Labs CEO Raj Dutt, Mango Capital, Salesforce Ventures, Two Sigma Ventures, IBM, the Founder Collective, and Entrée Capital also participated in the funding round.

David Aronoff of Flybridge, Raj Dutt, and Glenn Solomon of GGV Capital will join the NetBox Labs board.

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Tech giants urge EU to prioritize digital competitiveness and infrastructure investment

Five major technology companies - Ericsson, IBM, Intel, Nokia, and Vodafone - called on European policymakers to take urgent action to boost Europe's digital competitiveness and keep it a priority for the incoming European Commission.