Networking software provider Aviz Networks today announced a $17 million Series A funding round to accelerate its growth in open networking solutions and artificial intelligence capabilities.
(Software for Open Networking in the Cloud) network operating system. In the past year, Aviz Networks has seen solid progress, with the company reporting a 400% increase in revenue compared to the previous year. Aviz’s product portfolio has also expanded from two products last year to four this year. The latest addition is the company’s network AI assistant, which aims to assist with operations and management.
“We have seen tremendous growth,” Vishal Shukla, co-founder and CEO of Aviz Networks, told Network World.
The funding round was led by Alter with participation from new investors Qualcomm Ventures and Celestica, alongside existing investors Moment Ventures, Wistron and Accton. The new funding follows a
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