Alkira, the leader in on-demand network infrastructure as-a-service, is announcing the results of its Series C funding round, having raised $100 million—amounting to a total funding to date of $176 million. This funding round—led by Tiger Global Management with additional investment and participation from Dallas Venture Capital, Geodesic Capital, NextEquity Partners, Kleiner Perkins, Koch Disruptive Technologies, and Sequoia Capital—aims to accelerate Alkira’s innovation efforts in the space of secure network infrastructure as-a-service.
Alkira’s on-demand network integrates diverse environments into a single, secure fabric, bringing harmony to an era of increasingly disparate application and data estates. With investments in cloud only continuing to increase, Alkira enables enterprises to deploy, manage, and optimize their network infrastructures with ease, flexibility, security, and scalability in mind, according to the company.
"Increasing cloud and AI use is also increasing the complexity, velocity, and scale requirements of network infrastructure," said Rohit Iragavarapu, investor at Tiger Global. "We believe Alkira is well positioned to unlock the growing potential of this rapidly evolving space with its visionary approach, market traction, and cutting-edge technology."
Alkira’s network infrastructure as-a-service platform offers the following capabilities:
- On-demand, globally available network infrastructure-as-a-service paired with integrated security and networking services
- Securely connect any cloud, on-prem environment, remote user, or app to any other point of presence
- Enhance traditional networking use cases with agility, elasticity, intelligence, security, and scale
- Build global, secure networks in minutes without acquiring hardware, managing physical circuits, or running software or agents on-site
The investment in Alkira’s technology reflects the value of its solution, satisfying a growing need among organizations with globally distributed apps and data.
"The explosive growth of cloud applications and AI workloads are fueling a surge in demand for agile, secure, scalable cost-efficient networking solutions," said Amir Khan, CEO at Alkira. "We're 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's success, and we're deeply grateful for their hard work and dedication in getting us to this point."
Backed by substantial funding, Alkira will work to expand in several areas, including its innovative, multi-cloud networking product portfolio; new connectivity models for the global Wide Area Network (WAN) network; customer ease in connecting with Alkira’s business partners; providing and end-to-end network and security solution; and ensuring networks are AI-ready.
"The future of technology is predicated on innovative solutions that are not only powerful but also accessible and easy to use," said Avie Tevanian, co-founder and managing director of NextEquity Partners. "Alkira's on-demand networking infrastructure is exactly that—it delivers tremendous value and simplifies the most difficult network challenges for enterprises. We're excited to be a part of their journey as they continue to push the boundaries of network infrastructure."
A renowned client of Alkira—Warner Music Group—has found considerable success in leveraging the company’s infrastructure as-a-service innovation, explaining that the “Warner Music Group has been working with Alkira for years to revolutionize how we manage and protect our network infrastructure," according to John Remo, SVP, global infrastructure and security at Warner Music Group. "Alkira's innovative platform has not only simplified network management but has also empowered us to prioritize business growth initiatives with confidence. With Alkira, we've gained the agility and flexibility needed to navigate the dynamic entertainment landscape, and we look forward to the future, together."
To learn more about Alkira, please visit https://www.alkira.com/.