Alkira Raises $54M Series B for Network Cloud Offering Following Transformative Customer Deployments

Oct 13, 2020•almost 5 years ago

Amount Raised

$54 Million

Round Type

series b

San Jose

Description

Alkira®, Inc., the Network Cloud pioneer, announced today a $54M Series B funding led by Koch Disruptive Technologies (KDT) with participation from Sequoia Capital, Kleiner Perkins, GV (formerly Google Ventures), and others. Alkira has raised $76M to date. The new funds will be used to scale the company to meet global market demand for the Alkira Cloud Services Exchange™(CSX). The Alkira CSX is a Network Cloud, a global unified network infrastructure delivered as-a-service with 1) connectivity for hybrid and multi-cloud networks 2) integrated network and security services, and 3) end-to-end operational visibility and governance.

Company Information

Company

Koch Disruptive Technologies

Location

San Jose, California, United States

About

Koch Disruptive Technologies (KDT) is a unique investment firm, focused on empowering founders to create a could-be world. KDT provides a flexible, multi-stage investment approach which includes both traditional venture and growth stages. We work with principled entrepreneurs who are building transformative companies, disrupting the status quo, and creating new platforms. KDT is a subsidiary of Koch Industries, one of the largest privately held companies in the world with $115 billion in revenue and operating in more than 70 countries. KDT helps its partners unlock their full potential by bringing Koch's capabilities and network to them, structuring unique capital solutions, and embracing a long-term, mutual benefit mindset. For more information, visit www.kochdisrupt.com.

Funding Insights

Based on industry data

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech