Next-generation networking start-up Nile revealed it has already signed 100 channel partners as it bagged another $175m in funding.
Nile only came out of stealth mode in September 2022, having been founded by former Cisco CEO John Chambers and former Cisco chief development officer Pankaj Patel (pictured above) in 2018.
In its funding update, the San Jose-based network-as-a-service specialist revealed it has now expanded into Europe, as well as the Middle East, Africa, and Asia. Having launched its Nile Connect partner programme 11 months ago, Nile also claims to have collaborated with over 100 channel and service provider partners.
The Series C funding scoop brings its total funding haul to $300m.
Competing directly with $55bn-revenue juggernaut Cisco – which Chambers headed up between 1995 and 2015 – Nile’s mission is to “redefine the way enterprises consume IT infrastructures”.
Its customers include Stanford University, Pitney Bowes and Carta.
‘New era of networking’
Sumant Mandal, co-founder and managing partner at March Capital – one of two companies who co-led the latest funding round – claimed Nile is “rapidly evolving into a market leader ushering in a new era in networking that promises unparalleled possibilities”.
“We’re thrilled to deepen our support for Pankaj, John Chambers and their impressive bench of talent as they accelerate their momentum and continue to innovate the enterprise network at the forefront of the industry,” he said.
“Nile is in a strong position to take advantage of several paradigm shifts occurring across the technology ecosystem,” Nile CEO Patel added.