Nile, the leader in next-generation enterprise networks, is paving the way for innovation in IT infrastructures.
Since emerging from stealth mode less than a year ago, the company has swiftly expanded its reach and influence in the sector.
Nile announced a $175m Series C investment round co-led by March Capital and Sanabil Investments. Strategic participation came from solutions by stc, Prosperity7, Liberty Global Ventures, and stc CIF (Corporate Investment Fund), along with contributions from 8VC, Geodesic Capital, FirstU Capital, and Valor Equity Partners.
Nile is known for its market-leading network-as-a-service (NaaS) solution, delivering more secure wired and wireless services. By extensively utilising monitoring, analytics, and automation, the company has rapidly expanded beyond North America into Europe, the Middle East, Africa, and Asia. Collaborations with over 100 channel and service provider partners and organisations like Stanford University further underscore Nile’s growing presence.
The fresh round of financing will enable Nile to further its mission to eliminate operational complexities in enterprise networks and support cloud-born enterprise IT solutions. It aims to enhance integrated defences against cyber attacks, innovate at the enterprise edge, eliminate upfront capital expenditure-based consumption, and enable automation of all network services.
Nile’s commitment to security is evident in their steadfast focus. Incorporating Campus Zero Trust Network Access (ZTNA) principles by design and automating network access control (NAC) mechanisms, Nile has achieved top-tier certifications like ISO 27001, SOC2 Type II, and CSA Level 1, reinforcing its leadership position.
Nile CEO and co-founder Pankaj Patel said, “Cloud-born edge infrastructure solutions are altering the way we engage with each other and interact with physical spaces in offices, schools, and venues. AI is enabling data-driven decision-making to be adopted at a rapid pace. These trends present unique challenges, and Nile is committed to addressing them head-on, making our service as agile and innovative as the technology solutions it enables.”
Sumant Mandal, co-founder and managing partner at March Capital, also expressed his support for Nile: “In just four years, Nile has engineered an entirely new connectivity experience that prioritizes security and empowers IT to transform operations. We’re thrilled to deepen our support for Pankaj, John Chambers, and their impressive bench of talent as they continue to innovate the enterprise network.”
The Series C funding brings Nile’s total funding to $300m, reflecting a continual effort to expand and redefine its global position in the enterprise network market.
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