Webscale Networks Picks Up $12M

WebscaleNetworks, a developer of software to help scale e-commerce operations in the cloud--and which has its R&D in Boulder--says it has raised $12M in a Series A-1 funding. The funding came from Benhamou Global Ventures (BGV), Mohr Davidow Ventures (MDV), and Grotech Ventures. The company--which has its headquarters in Silicon Valley--is led by Sonal Puri, and was founded in Boulder three years ago.