Graphiant Closes $33.5 Million In Round Co-Led By Sequoia And Two Bear

By Annie Baker • Dec 15, 2020
  • Graphiant recently announced it raised $33.5 million in a Series A funding round co-led by Sequoia Capital and Two Bear Capital with participation from Atlantic Bridge.

Graphiant recently announced it raised $33.5 million in a Series A funding round co-led by Sequoia Capital and Two Bear Capital with participation from Atlantic Bridge.

And the funding reunites much of the technology team from vIPtela, a pioneer in the Software-Defined Wide Area Network (SD-WAN) market with the investor partners that backed the company from inception to eventual acquisition in 2017 by Cisco for $610 million.

Graphiant’s founding team includes CEO Khalid Raza and CTO Stefan Olofsson. And Raza was the co-founder and CTO of vIPtela and a Distinguished Engineer at Cisco.

Olofsson was a key technologist at vIPtela and a Global Solutions Architect at Cisco. Graphiant’s Board of Directors includes Bill Coughran from Sequoia Capital and Michael Goguen from Two Bear Capital, both of whom were Board members at vIPtela.

KEY QUOTES:

“I am excited to partner with Bill and Mike again to disrupt the networking industry one more time.”

— Khalid Raza

“At Viptela, Khalid Raza and his team succeeded brilliantly in turning a revolutionary idea called SD-WAN into a multi-billion dollar a year market. Graphiant is poised to lead the next, even more dramatic revolution in WAN technology that will enable major business transformations across many of the world’s largest industries. We’re thrilled to be partnering with such a world-class group.”

— Michael Goguen, Founder and Managing Partner at Two Bear Capital