3NETS Completes $11M Seed Round for Multi-Cloud Workload Portability Solution


Multi-cloud application automation platform

SANTA CLARA, California., November 3, 2022 /PRNewswire/ — 3nets.io Inc, a Delaware Corporation announced the completion of $11M Starting lap at a post-money rating of 20 million dollars. The investment round was led by Taiwania Capital, which invests in cutting-edge technology and biotech companies that offer the opportunity to make a tremendous positive impact on businesses and people’s lives.

3nets is dedicated to developing a software-defined, application-aware elastic network infrastructure platform that meets the application delivery needs of business organizations. The platform leverages cloud computing infrastructure and public/private networks to deliver the applications on a multi-cloud scale. The funding will enable the company to further develop and commercialize its 3nets platform, which is driving cloud adoption by business organizations.

“The journey to the cloud is still in its infancy. Organizations are adopting the cloud faster thanks to the flexibility and compelling business cases offered by major cloud service providers (CSPs) such as Amazon AWS, Microsoft Azure, Google GCP, IBM Cloud and Oracle OCI. CSPs continue to differentiate and introduce new features. Enterprises’ ability to tap into different CSPs, however, is hampered by the complexity of operating across multiple cloud infrastructures. Additionally, the next wave of applications would require the use of edge cloud computing capabilities and core cloud computing services offered by CSPs. This points to the need for an edge-inclusive multi-cloud platform that rapidly federates these infrastructures to efficiently adapt to the next generation of business IT applications,” said Abraham Pucherilthe President and CEO of 3nets.io.

About 3nets.io

To solve the resulting challenge, 3nets develops an innovative application-aware cloud-native network solution where the network fabric is deployed

  • Automated application connectivity and workload portability across multi-cloud environments
  • Elasticity and scalability to dynamically support the growth and movement of microservices across regions and clouds
  • Intelligent path selection for application performance (based on latency, jitter, throughput and cost)
  • Unified, policy-based zero trust security to secure the perimeter and protect traffic across clusters, regions, and clouds
  • Simplicity through a single pane of glass that provides application-level visibility, proactive security, and rapid deployment

The 3nets platform enables rapid adoption of distributed multi-cloud applications to accelerate digital transformation by simplifying network and application operations. This is achieved by merging cloud service providers, private/edge data centers and colocation facilities onto a single intelligent data plane that interacts with the application-aware framework.

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SOURCE 3nets, Inc.


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