{"id":3589,"date":"2024-05-15T16:04:35","date_gmt":"2024-05-15T21:04:35","guid":{"rendered":"https:\/\/www.darkreading.com\/cybersecurity-operations\/alkira-raises-100m-in-series-c-funding-to-simplify-secure-and-scale-critical-network-infrastructure"},"modified":"2024-05-15T16:04:35","modified_gmt":"2024-05-15T21:04:35","slug":"alkira-raises-100m-in-series-c-funding-to-simplify-secure-and-scale-critical-network-infrastructure","status":"publish","type":"post","link":"https:\/\/ddi.mohflo.net\/index.php\/2024\/05\/15\/alkira-raises-100m-in-series-c-funding-to-simplify-secure-and-scale-critical-network-infrastructure\/","title":{"rendered":"Alkira Raises $100M in Series C Funding to Simplify, Secure and Scale Critical Network Infrastructure"},"content":{"rendered":"
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PRESS RELEASE<\/span><\/span><\/p>\n

SAN JOSE, CA \u2013 May 15, 2024<\/span><\/span> \u2013 <\/span>Alkira<\/a><\/span>\u00ae, 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.<\/span><\/p>\n

\u201cThe explosive growth of cloud applications and A.I. workloads are fueling a surge in demand for agile, secure, scalable cost-efficient networking solutions,\u201d said Amir Khan, CEO at Alkira. \u201cWe\u2019re fortunate to have strong partners to help us meet that demand while we accelerate growth, explore exciting new opportunities, and continue delivering exceptional value to our customers. Our talented team is the engine behind Alkira\u2019s success, and we’re deeply grateful for their hard work and dedication in getting us to this point.”<\/span><\/p>\n

Delivering Agility, Security and Scalability in the Cloud-First Era<\/span><\/span><\/p>\n

According to Gartner<\/a><\/span>, in 2024, worldwide end-user spending on public cloud services is forecast to total $679 billion and projected to exceed $1 trillion in 2027. This digital transformation is compelling enterprises to rethink their complete network infrastructure. Long-term trends like Artificial Intelligence (A.I.) 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.<\/span><\/p>\n

Alkira\u2019s Differentiators<\/span><\/span><\/p>\n

Alkira provides a unique value proposition by offering:<\/span><\/p>\n

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