Graphiant Raises $62M To Revolutionize The $60 Billion Secure Private Networking Market For Businesses

Mar 28, 2023•over 2 years ago

Amount Raised

$62 Million

San JoseSecurity

Description

Graphiant, a provider of next-generation edge services, announced today the close of a $62 million Series B funding round based on Graphiant’s strong traction in both enterprise and service provider markets. The round brings the company's total funding to $96M. The funding will be used to enable continued growth as Graphiant's next-gen architecture gains momentum.

Company Information

Company

Graphiant

Location

San Jose, California, United States

About

"It’s not often a company can fundamentally change an industry," says Bill Coughran, partner at Sequoia Capital. Graphiant provides a next-gen network edge that combines the performance and security of MPLS with the agility that is only attainable with "as-a-Service" delivery. "The value proposition Graphiant provides to large enterprises is clearer and more dramatic than any other solution out there, so the early and strong adoption of Graphiant by that market has not been a surprise," said Mike Goguen, Founder and Managing Partner at Two Bear Capital. First, enterprises can use Graphiant to connect enterprise resources. "Graphiant has a chance to do precisely that. Led by Khalid Raza, the co-founder of SDWAN pioneer Viptela, Graphiant has developed the Graphiant Network Edge, an "as-a-Service" solution that provides connectivity between the enterprise WAN, hybrid cloud, network edge, customers and partners.

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