San Jose, CA – November 21, 2024
Aviz Networks, a leading provider of AI-driven networking solutions, has secured $17 million in Series A funding to enhance its vendor-agnostic AI networking platform. The funding round was led by Alter Venture Partners, with participation from Cisco Investments, Qualcomm Ventures, Moment Ventures, Wistron, Accton, and Celestica.
Key Innovations
Aviz Networks aims to revolutionize network management by integrating open-source technologies like SONiC (Software for Open Networking in the Cloud) and offering an AI-powered stack that enables businesses to achieve flexibility, efficiency, and cost savings. The company’s flagship Network Copilot™ AI assistant integrates with enterprise tools like ServiceNow and Atlassian’s Jira, providing real-time insights, enhanced orchestration, and automation tailored to various user roles.
“Aviz empowers enterprises with choice, control, and significant cost reductions by unifying network operations under a vendor-agnostic platform,” said CEO Vishal Shukla.
The Aviz AI Networking Stack delivers comprehensive capabilities, including:
• Network Operations: Real-time monitoring, orchestration, and alerts for GPU and RoCE networks.
• Enhanced Visibility: Packet Brokers and Service Nodes for improved data flow management.
• AI Data Lake: A centralized repository powering LLM-based analytics and recommendations.
Investor Support
Alter Venture Partners highlighted Aviz’s potential to reshape AI networking. “Aviz is at the forefront of innovation, offering scalable, open networking solutions that reduce costs while future-proofing enterprise networks,” said Alter Venture Partners.
Market Growth and Expansion
Aviz Networks plans to use the funds to expand its global workforce, grow its partner ecosystem, and penetrate key markets in data center and edge networking. With AI-enabled networking projected to grow into a $50 billion market, Aviz is positioned to lead with solutions that address the growing demand for robust, scalable, and cost-effective network infrastructure.
“SONiC is becoming a cornerstone in data center innovation, and Aviz is driving its adoption with enterprise-grade support and next-gen AI capabilities,” said Shukla.
Future Outlook
With a 400% year-over-year revenue growth and an expanding portfolio of cutting-edge networking tools, Aviz is on track to redefine network infrastructure for the AI era.
About Aviz Networks
Founded in San Jose, CA, Aviz Networks specializes in AI-powered, vendor-agnostic networking solutions. Its innovative platform integrates seamlessly with existing hardware, enabling enterprises to scale and optimize their networks with unprecedented flexibility and efficiency. Learn more at AvizNetworks.com.
About Alter Venture Partners
Alter Venture Partners focuses on early-stage investments in AI and cloud-based technologies. For more information, visit AlterVentures.com.
