Fundz

Nile, Which Offers Enterprise Networks As A Service, Raises $175M

Aug 01, 2023

Amount Raised

$175 Million

Round Type

Funding Round

San JoseSoftware Development

Description

If you ask Pankaj Patel, there’s too much complexity in networks today — particularly enterprise networks. Complexity has been engineered into enterprise networks over a period of decades, in fact, he argues, and it’s happened because incumbents kept adding complexity to enable new functionality.

Quick answer

Nile raised $175 Million in a Funding Round round, dated August 1, 2023. Nile is based in San Jose, California, United States.

How much did Nile raise?
Nile raised $175 Million in a Funding Round round on August 1, 2023.
What does Nile do?
Nile is disrupting the enterprise network market by modernizing IT operations with a new AI networking architecture, delivering enterprise networks entirely as a service.
Where is Nile based and how big is it?
Nile is based in San Jose, California, United States. Fundz records about 500 employees.
Who are the decision-makers at Nile?
Fundz holds 1 contact at Nile. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software Development around the same time

Companies in the same sectors as Nile that raised within 45 days of this round, from Fundz verified event records.

  • Fingerprint raised $32M on September 11, 2023.
  • Datavations raised $4.2M (Seed) on August 31, 2023.
  • AI21 Labs raised $155M (Funding Round) on August 30, 2023.
  • QUALITI raised $6.5M (Seed) on August 28, 2023.
  • Locl raised $100K (Pre-Seed) on August 17, 2023.
  • Apica raised $10M (Funding Round) on August 16, 2023.

Who to call at Nile, and when

A new round usually means Nile is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Nile raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Nile, from your own LinkedIn network

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Company Information

Company

Nile

Location

San Jose, California, United States

About

Nile is disrupting the enterprise network market by modernizing IT operations with a new AI networking architecture, delivering enterprise networks entirely as a service. For the first time in the industry, it’s Nile Access Service integrates zero trust security and offers performance guarantees. With Nile, IT organizations close the gap between their digital aspirations and legacy realities, reduce their total cost of ownership by more than 60%, and recover critical IT resources while their users gain superior connectivity.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Nile raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

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Nile raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.