Sunnyvale, Calif. -- Mu Dynamics, a Sunnyvale-based developer of software appliances designed to identify hard-to-detect sources of potential downtime within IP services, applications and underlying networks, said on Monday that it has raised $10 million in its third round of funding, led by Focus Ventures. Previous investors Accel Partners, Benchmark Capital and DAG Ventures also participated. The company, which currently has more than 100 active deployments, said that it will use the proceeds to accelerate its market expansion, particularly among large network operators and their vendors.
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