PRESS RELEASE. SAN JOSE, CA - May 15, 2024 - Alkira®, the leader in on-demand network infrastructure as-a-service, today announced the closing of a $100 million Series C funding round, bringing the company's total funding raised to date to $176 million.
The round was led by Tiger Global Management, a leading global investment firm, with additional investment from Dallas Venture Capital, Geodesic Capital and NextEquity Partners; and participation from existing investors, including, Kleiner Perkins, Koch Disruptive Technologies and Sequoia Capital.
This digital transformation is compelling enterprises to rethink their complete network infrastructure.
Long-term trends like Artificial Intelligence are further reshaping how organizations use data, making efficient and secure networking even more critical.
With its innovative network infrastructure as-a-service platform, Alkira empowers businesses to seamlessly deploy, manage and optimize their entire network infrastructure to prioritize efficiency, agility, security and scalability.
On-demand network infrastructure as-a-service with integrated security and networking services available globally.
Agility, elasticity, intelligence, security, and scale for traditional networking use cases.
A platform to build global, secure networks in minutes, eliminating the need to acquire hardware, manage physical circuits, and run software appliances or agents on-site.
Expanding its best-in-class multi-cloud networking solution portfolio;.
Delivering new connectivity models for the global Wide Area Network network;.
Increasingly allow customers to stop looking at networking and security in isolation and instead providing them an end-to-end secure network;.
Readying the network for increased A.I. workloads and leveraging A.I. for efficient networking.
To learn more about Alkira, please visit https://www.
Alkira is the leader in on-demand network infrastructure as-a-service.
We unify multiple clouds, sites, and users via an enterprise network built entirely in the cloud.
The network is managed using the same controls, policies, and security systems network administrators know, is available as a service, and can instantly scale as needed.
Alkira's solution is trusted by Fortune 100 enterprises, leading system integrators, and global managed service providers.
Founded in 2001, Tiger Global Management, LLC is a New York-based investment firm pursuing a long-term approach to investing in leading, global public and private companies that leverage technological innovation.
Tiger Global's public equity business includes fundamentally oriented long/short, long-focused and crossover strategies, targeting investments in high-quality, public growth companies.
With a strong track record investing across sectors and stages, Tiger Global aims to be a thought partner to companies and their management teams across their lifecycle in public and private markets.
This Cyber News was published on www.darkreading.com. Publication date: Wed, 15 May 2024 21:05:30 +0000