San Francisco-based Common Networks, a provider of affordable enterprise-grade internet service, announced it has raised $25 million in Series B funding. General Catalyst led the round, which included existing investors Eclipse Ventures and Lux Capital. As part of the latest round, General Catalyst Managing Director Hemant Taneja has joined the board. The company, founded in 2016, has now raised more than $34 million in funding.
Source: Company release