SA国际传媒

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John Chambers’ Networking Startup Nile Nails Down $175M

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Enterprise networking can be a hard sector for a startup to break into, as it has long been dominated by tech giants.

That has not deterred San Jose, California-based networking startup , which announced a large $175 million Series C less than a year after emerging from stealth. The company was co-founded by former executives and . Chambers served as CEO of the networking giant for two decades.

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The round was co-led by and Saudi Arabia sovereign wealth fund . It also included strategic participation from 鈥 the venture capital fund of Saudi Arabia-based 鈥 and . 1, , and also contributed.

Simplifying and securing the network

Nile is attempting to disrupt the networking industry by offering network-as-a-service with more secure wired and wireless services enhanced with monitoring, analytics and automation.

The idea is to help companies simplify their modern networking needs and offer optimum security while going head-to-head with goliaths such as Cisco and .

鈥淣ile is in a strong position to take advantage of several paradigm shifts occurring across the technology ecosystem,鈥 said Patel, mentioning cloud-born edge infrastructure, AI and cloud migration strategies in particular.

鈥淭hese trends present unique challenges in the way enterprise infrastructure is consumed, and Nile is committed to addressing them head-on, making our service as agile and innovative as the technology solutions it enables,鈥 he added.

Nile already has expanded into Europe, the Middle East, Africa and Asia, and collaborates with more than 100 channel- and service-provider partners.

The startup did not offer a valuation. The round brings Nile鈥檚 total amount of capital raised to $300 million since being founded in 2018, per the company.

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  1. 8VC is an investor in SA国际传媒. They have no say in our editorial process. For more, head here.

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