Aviz Networks Closes Series A to Accelerate AI Networking [Yahoo! Finance]
Celestica, Inc. (CLS)
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Source: Yahoo! Finance
SAN JOSE, Calif., November 21, 2024 BUSINESS WIRE )--Aviz Networks, a leader in AI-driven networking solutions, today announced the successful close of a $17 million Series A funding round. The round was led by Alter Venture Partners, with participation from existing investors Cisco Investments, Moment Ventures, Wistron and Accton and new strategic investors including Celestica and Qualcomm Ventures. Aviz Networks was founded to modernize and transform the networking software stack, addressing the evolving demands of data centers and edge networks as they scale and integrate AI. Enterprises rely on Aviz for deploying vendor-agnostic Community SONiC solutions, enhancing network visibility, and introducing AI-driven management capabilities. These solutions empower customers with hardware flexibility, operational control, and substantial cost savings. Aviz's innovations have been successfully deployed by leading e-commerce platforms, telecommunications providers, retailers, GPU-as-a-s
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