San Jose-based Graphiant has raised $62 million in Series B funding, bringing its total funding to $96 million. The funding round was led by Two Bear Capital, with participation from Sequoia Capital, Atlantic Bridge and Harpoon Venture Capital Partners.
Graphiant offers a Network Edge “as a service” solution that provides connectivity between enterprise WAN, hybrid cloud, retort edge, customers and partners. Network Edge combines the guaranteed delivery and privacy of MPLS with the flexibility of the Internet, enabling network architects to build enterprise networks.
The system addresses three critical use cases. First, it allows companies to pool their resources. Second, they can connect to multiple public clouds. Finally, companies can contact partners or customers.
The new funds will enable Graphiant to continue its growth as it seeks to provide edge services that improve enterprise connectivity. The funding will be used to further develop the technology and expand the customer base. Graphiant CEO Khalid Raza expressed his excitement about the funding round and said it will help the company continue to provide innovative solutions to its customers. As connectivity and edge services grow in importance in today’s business environment, Graphiant is well positioned to be a leader in this space.
Overall, Graphiant’s successful Series B funding round demonstrates the growing interest in edge services and the importance of innovative connectivity solutions in today’s business world. With its Network Edge solution, Graphiant offers businesses a flexible, flexible and secure way to connect their resources, partners and customers. With this latest round of funding, the company is poised to continue its growth and remain at the forefront of this rapidly evolving industry.
