Network gear maker startup Arrcus raises $30 mn from Nvidia, General Catalyst, Lightspeed, others

NEW DELHI: Network gear-making startup Arrcus has raised $30 million in a new round from Properity7 Ventures, Nvidia, Lightspeed, Hitachi Ventures, Liberty Global, Clear Ventures, and General Catalyst.

According to a media report by Fierce Network, Nvidia has pitched $15 million of the total investment in the San Jose-headquartered startup. Arrcus is aiming to be ready for an initial public offering (IPO) by 2025 to 2026, the publication reported.