AI-Based Networking Solutions Company Secures $17 Million (Series A)
Aviz Networks, a pacesetter in AI-based networking options firm, introduced the closing of a $17 million Collection A funding spherical. The funding spherical was led by Alter Enterprise Companions, with participation from present traders Cisco Investments, Second Ventures, Wistron and Accton and new strategic traders together with Celestica and Qualcomm Ventures.
Aviz Networks was launched to remodel the networking software program stack, addressing the evolving calls for of information facilities and edge networks as they scale and combine AI. And enterprises rely on Aviz for deploying vendor-agnostic Neighborhood SONiC options, enhancing community visibility, and introducing AI-driven administration capabilities.
These options allow clients with {hardware} flexibility, operational management, and substantial value financial savings. Aviz’s improvements have been efficiently deployed by main e-commerce platforms, telecommunications suppliers, retailers, GPU-as-a-service suppliers, cloud service suppliers, and numerous enterprise networks.
With this funding, Aviz plans to extend its workforce within the US and globally. And this development will help Aviz’s continued efforts to remodel the networking trade with AI-first, vendor-agnostic options. As a part of its enlargement technique, Aviz goals to penetrate key sectors additional and ship revolutionary networking applied sciences.
KEY QUOTES:
“Conventional networking options, even the very best, battle to adapt as infrastructure more and more relies on AI and data-driven functions. A vendor-agnostic method is essential to advance networks to the subsequent stage. This technique leverages top-tier networking {hardware}, a sturdy community working system designed for AI, and end-to-end networking tooling that integrates AI straight into on a regular basis networking. Aviz has perfected this method, putting AI on the coronary heart of how networks are constructed and managed. This funding spherical will enhance our development in present markets and permit us to discover new verticals, strengthening our dedication to innovation and excellence in an AI-driven period. We’re excited to welcome new traders and deeply recognize the continuing help from our present traders, companions and clients.”
– Vishal Shukla, CEO of Aviz Networks
“Aviz is redefining what is feasible within the networking house with its AI-driven, vendor-agnostic options. Alter’s funding in Aviz is a testomony to our perception within the crew’s imaginative and prescient to remodel and ameliorate community administration and operations. We’re significantly impressed by the corporate’s technological differentiation and the robust partnerships its administration crew have cast with key ecosystem gamers to assist the purchasers navigate this transition. The co-founders’ visionary method not solely units Aviz aside within the trade but additionally aligns completely with our fund’s funding thesis of backing main start-ups which are utilizing AI to remodel cloud and edge infrastructure.”
– Louis Toth, Co-founder & Managing Companion, Alter Enterprise Companions
“Aviz Networks Collection A funding is a testomony to their robust place out there and the potential of their expertise. Their efforts in AI-enabled networking deal with the high-growth a part of the info middle market. We count on AI-enabled networking to be the vast majority of an over $50B market by the tip of the last decade.”
– Alan Weckel, 650 Group Analyst
“Aviz’s revolutionary method transforms how corporations construct and deploy community infrastructure for knowledge facilities and the sting, enabling them to evolve and combine AI alternatives. We’re proud to collaborate with Aviz as they work in the direction of attaining their imaginative and prescient.”
– Gavin Cato, Head of Portfolio Options and CTO, Connectivity and Cloud Options, Celestica
“As networks evolve, embracing AI shall be essential for enabling superior efficiency and operational excellence. By integrating AI with open-source options like SONiC, Aviz Networks is empowering enterprises to construct scalable and versatile networks in an economical method. We’re excited to help Aviz Networks to remodel enterprise networking.”
– Quinn Li, Senior Vice President, Qualcomm Applied sciences and World Head of Qualcomm Ventures
