Aviz Networks Adds Cisco to $10 Million Round

<p><strong>SAN JOSE<&sol;strong> &&num;8212&semi; Aviz Networks&comma; a provider of open networking software for cloud-scale infrastructures serving telecom and enterprises&comma; has added Cisco Investments to its latest funding round&comma; joining existing investors&comma; Moment Ventures&comma; Accton and Wistron&period; This funding round&comma; now reaching &dollar;10 million&comma; will accelerate customer momentum for Aviz’s multi-vendor&comma; GenAI-based networking stack along with adoption of SONiC based open networking&period;<&sol;p>&NewLine;<p>Aviz helps organizations achieve the performance and cost benefits of hyperscale networks by removing complexity and supplying AI-driven management features as part of a breakthrough Networking 3&period;0 software stack&period; Aviz’s stack supports the fast-growing SONiC open-source network OS &lpar;NOS&rpar; as well as multi-NOS environments and leverages the power of large-language-models &lpar;LLMs&rpar; to deliver unparalleled choice and capabilities&period; The company has seen rapid growth over the past 12 months&comma; scaling its number of customers&comma; revenue&comma; and operational headcount to meet growing demand across multiple geographies&period; Aviz says it has experienced a 250&percnt; growth in revenues with over 30 global customer engagements of various size&period;<&sol;p>&NewLine;<p>Over the past three years&comma; SONiC has emerged as a multibillion entity in the cloud and data center networking space&comma; expected to reach &dollar;8B by 2027&comma; according to research from communications industry analyst firm 650 Group&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;We are delighted to close this latest funding round that includes Accton&comma; Cisco Investments&comma; Moment Ventures&comma; and Wistron&period; Our vision of delivering open&comma; cloud &amp&semi; AI enabled networks for all enterprises and telecoms has rapidly taken shape as we partner with customers and our vendor ecosystem&comma;” said Vishal Shukla&comma; Co-Founder and CEO for Aviz&period; &OpenCurlyDoubleQuote;Aviz continues to focus on supporting and leveraging community SONiC&comma; and adding compelling innovations that enhance quality&comma; drive down costs and accelerate time to deployment of open&comma; cloud networks&period;”<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Accton is proud to be participating in this investment round with other global network leaders as it underscores our commitment to innovation in open networking&period; Aviz Networks has been extremely successful this year in the multi-billion dollar open network market&comma; where SONiC plays a significant role&period; Accton is always pleased to collaborate with those that share our collective vision of employing AI and other cutting-edge technologies to meet the networking needs of enterprises and telcos&comma;” said Jun Shi&comma; CEO and President of Accton Group<i>&period;<&sol;i><&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Cisco is committed to accelerating innovation in networking to deliver comprehensive solutions to our customers&comma;” says Aleem Rizvon&comma; Vice President of Cisco Investments&period; &OpenCurlyDoubleQuote;By investing in innovative startups&comma; like Aviz&comma; we are demonstrating our commitment to our partners and customers who value the open-source community&period;”<&sol;p>&NewLine;