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Alternative Assets  + VC  | 
NaaS Startup Graphiant Pulls in $62M for Its Connectivity Technology

NaaS Startup Graphiant Pulls in $62M for Its Connectivity Technology

Network-as-a-service (NaaS) startup Graphiant has navigated the current difficult environment by raising $62 million in a Series B funding round led by Two Bear Capital. Combinded with Graphiant’s Series A funding, the latest round brings the company’s total funding to $96 million.

The funding, which also included participation from Sequoia Capital, Atlantic Bridge and Harpoon Ventures, comes six months after Graphiant’s launch from stealth mode.

The San Jose-based company offers a networking platform that enables enterprise connectivity by linking together a company’s cloud environments, data centers and other technologies to accelerate and streamline deployment.

“The reaction to Graphiant’s network edge has been swift and enthusiastic,” said Khalid Raza, founder of Graphiant. “It has been much faster than what we saw with MPLS at Cisco or SD-WAN with Viptela. Graphiant has hit a nerve.”

Raza was previously CTO and co-founder of SD-WAN supplier Viptela, which was acquired by Cisco in 2017 for $610 million. Raza and several other Viptela executives took positions with Cisco after the acquisition, later reuniting to form Graphiant.

Graphiant’s platform can connect to Amazon Web Services (AWS), Google Cloud Platform (GCP), or other clouds through the platform portal, according to the company.

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About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.

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