Costa Mesa-based Netifice Communications Inc. has raised $35 million in funding and is buying rival MegaPath Networks Inc. of Pleasanton, the company said Tuesday.
Terms of the buy, expected to close in April, weren’t disclosed. Together the companies will have more than $125 million in yearly sales, according to Netifice.
The companies sell gear that helps companies link corporate headquarters, regional offices, remote workers and retail outlets.
The $35 million funding follows a $55 million round Netifice received nearly a year ago.
With the earlier round, Netifice said it was acquiring the Web-based virtual private network services business from Seattle-based Aventail Corp. for an undisclosed amount.
The new round of funding comes from past investors, including Boston-based Boston Millennia Partners LP, Alexandria, Va.-based Columbia Capital Corp. and New York-based Dolphin Equity Partners.
