Aviz Networks raised $17M in a Series A funding round led by Alter Venture Partners to accelerate its AI-driven networking solutions.
Nov 21, 2024•8 months ago
Amount Raised
$17 Million
Round Type
series a
Investors
Qualcomm VenturesCelesticaAcctonWistronMoment VenturesCisco InvestmentsAlter Venture Partners
Description
Aviz Networks has successfully closed a $17 million Series A funding round to enhance its AI-driven networking solutions. The funding will support Aviz's growth strategy and expansion efforts in key sectors while increasing its workforce globally.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech