Graphiant Raises $62M Series B for Its Connectivity Tech

The round brings Graphiant’s total funding raised to $96 million.

Written by Ashley Bowden
Published on Mar. 28, 2023
Graphiant Raises $62M Series B for Its Connectivity Tech
Matt Krieg, Graphiant’s VP of sales and marketing, poses for a photo.
Matt Krieg, Graphiant’s VP of sales and marketing. | Photo: Graphiant

As companies evolve to fit into today’s digital landscape, Graphiant wants to help enterprises keep their data and resources connected. The edge services provider offers a private networking solution for companies. The San Jose-based innovator announced on Tuesday a $62 million funding round to expand its business.

Led by Two Bear Capital, Graphiant’s Series B round brings the company’s total funding raised to $96 million. Graphiant is now gearing up to fuel continued growth and plans to invest in its go-to-market and partnership resources, according to Matt Krieg, Graphiant’s VP of sales and marketing.

The company’s tech helps enterprises connect resources, such as their corporate office, cloud services, partner and customers services and IoT devices. It also lets them connect to multiple clouds, as well as to other businesses like partners or customers, according to Graphiant.

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The platform operates through three main components — Graphiant Stateless Core, Graphiant Network Edge and Graphiant Gateway. Edge connects enterprise and third-party resources to the Stateless Core, a geographically distributed network. Gateway connects enterprises to the cloud and other internet services.

Graphiant’s cloud-delivered architecture serves to help enterprises to connect this continually shifting landscape while providing them the agility to harness that constant change, Krieg said. As companies move away from operating with centralized data silos, Graphiant works to help them mitigate the complexity of managing disparate networking solutions and large sets of connectivity tunnels.

“Modern business runs on connectivity. This was easy when connectivity spanned a few data centers, offices and a single cloud. But as the world shifts to a dynamic service-economy model, managing connectivity has become complex,” Krieg told Built In via email. “Business now needs to connect a sprawling landscape of clouds, remote workers, partner and customer sites and IoT devices. They need to scale these networks with extreme agility. And data has moved away from centralized silos as the business now generates and consumes data at the edge.”

Since Graphiant’s launch in September, the company has reached several milestones, including the deployment of its Stateless Core network solution in North America. It has also deployed its platform with an array of enterprise customers and launched a technical partnership with semiconductor developer Intel, according to the company.

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