May 16, 2024 at 11:01AM
Alkira, a San Jose-based network infrastructure as-a-service provider, raised $100 million in Series C funding, led by Tiger Global Management, with participation from other investors. The company, founded in 2018, offers end-to-end secure cloud-based network infrastructure, supporting hybrid environments and providing visibility across the entire cloud network. The new funding will be used to expand its multi-cloud networking solution.
Key takeaways from the meeting notes:
– Alkira, an on-demand network infrastructure as-a-service vendor, has raised $100 million in Series C funding from notable investors.
– Founded in 2018, the company is based in San Jose, California, and provides end-to-end secure network infrastructure built in the cloud.
– Alkira’s technology supports hybrid environments and allows for secure connections to remote users and applications.
– The platform offers visibility across the entire cloud network without the need for deploying any agent, aiming to simplify network management and accelerate network deployment.
– With the new funding, Alkira plans to expand its multi-cloud networking solution portfolio, deliver new connectivity modules for the global WAN network, and prepare the network for increased AI workloads.