Fundraising Fox

Nile

1,388 employees on LinkedIn · 14 known investors

Nile provides an enterprise network-as-a-service platform that delivers wired and wireless connectivity for offices and campuses. Its offering combines network hardware, cloud management, and built-in security aimed at enterprise IT teams.

Also known as Nile Global · Nile Secure

Investors · 14

Also in the syndicate · 5

Liberty Global VenturesMarch CapitalleadProsperity7solutions by stcstc Corporate Investment Fund (stc CIF)

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Aug 2026

Nile provides a secure network-as-a-service (NaaS) offering for enterprise campus and branch environments. Rather than selling networking appliances, the company delivers wired and wireless connectivity as a subscription in which all hardware, software, security, monitoring, upgrades and support are included in the service. Its portfolio is organized as a service catalog: the Nile Access Service for wired and wireless connectivity, plus premium services including Nile Trust Service (zero trust security), Nile RADIUS (cloud-native authentication), Nile Guest Service, Nile Cloud DHCP and Nile Edge Service, which delivers secure internet and cloud access intended to replace separate SD-WAN, firewall and branch router deployments.

The platform is built around a zero trust architecture with segment-of-one isolation, encrypted tunneling, built-in access control, identity-based micro-segmentation covering east-west, north-south and internet traffic, continuous device fingerprinting with automated quarantine of non-compliant endpoints, and agentless validation. Operations are automated across the Day 0 to Day 2 lifecycle, covering planning and design, deployment and optimization, and ongoing monitoring, management and remediation, with hardware and software updates, patches and tuning performed as part of the service. Nile also offers professional services for bespoke projects and on-site support, along with integrations such as CrowdStrike SIEM event streaming and Microsoft Global Secure Access (SSE) via orchestrated redundant IPsec/IKEv2 tunnels, plus Entra and Intune identity integration. The company states it provides the industry's first financially backed performance SLA based on outcomes, and cites certifications including ISO 27001, SOC 2 Type II and CSA Level 1.

Founding story

Nile was founded by Pankaj Patel, formerly of Cisco, with co-founders including Suresh Katukam and John T. Chambers, the former Cisco chairman and CEO. The founders had previously built and scaled technologies underpinning global Internet connectivity but viewed the operational complexity of those architectures as an unresolved source of risk and cost, and started Nile to pursue a clean-slate approach combining a zero trust network foundation, autonomous operations and cloud-delivered services.

Business model

Subscription-based delivery of a complete network service; customers do not purchase hardware or manage appliances, as all infrastructure, software, security, monitoring, upgrades and support are included in the service fee. Nile positions this as shifting network spending from capital expenditure to operating expenditure with an outcome-based, financially backed performance SLA.

Recurring subscription fees for the Nile Access Service and premium add-on services (Trust, RADIUS, Guest, Cloud DHCP, Edge), with additional professional services for bespoke projects and on-site expertise.

Traction

The company emerged from stealth in roughly 2022 and reported customers including Stanford University, Pitney Bowes and Carta, along with more than 100 channel and service provider partners, by August 2023. Publicly cited service outcomes include 60%+ reduction in breach and risk, 99%+ ticket reduction, 3x faster change management and approximately 40% cost savings under an OpEx model; a customer at Glean reported tickets dropping by over 90%. At Black Hat MEA 2025 Nile reported supporting more than 40,000 attendees with no security incidents, and it states its zero trust architecture blocked over one million targeted attacks at Wild West Hackin' Fest.

Latest developments

Recent activity includes a platform release adding Nile RADIUS, Nile Edge Service and expanded Nile Trust Service capabilities (CrowdStrike SIEM integration, Microsoft Global Secure Access SSE tunnels, continuous device fingerprinting, identity-based micro-segmentation and tightened SSO/admin controls); recognition as a Visionary in the 2026 Gartner Magic Quadrant for Enterprise Wired and Wireless LAN for a second consecutive year; selection by enterprise AI company Glean for its NaaS platform; and publication of research based on responses from more than 300 healthcare IT leaders and executives and 117 higher-education IT leaders.

Full profile — market position, technology, go-to-market, geography, history

Market position

Nile competes with incumbent enterprise LAN hardware vendors by replacing appliance purchases with a managed service. It was named a Visionary in the Gartner Magic Quadrant for Enterprise Wired and Wireless LAN in 2026 for a second consecutive year, was assessed against mandatory requirements in the Gartner 2026 Critical Capabilities report for the same market, and was identified as a Strong Performer in Gartner Peer Insights Voice of the Customer for enterprise wired and wireless LAN.

Full-stack service delivery with no customer-purchased boxes or separate licensing; zero trust security built into the network fabric rather than added on; AI-driven autonomous Day 0 through Day 2 operations with automated remediation; and what the company describes as the industry's first and only financially backed, outcome-based performance SLA.

Technology

Cloud-managed architecture built on the Nile Service Block, combining Nile-supplied wired and wireless hardware with cloud-delivered services and AI-driven autonomous operations. Security is implemented as foundational zero trust: per-device segment-of-one isolation, encrypted tunneling, campus ZTNA principles, automated network access control, identity-based micro-segmentation with allow/deny/upstream-forward policy actions, continuous device fingerprinting against learned baselines, and cloud-native RADIUS without shared secrets or on-premises NAC. Deployment uses predictive or on-site surveys that trigger AI-automated bill-of-material and digital twin creation, with hardware drop-shipped for installation. Telemetry can be streamed in JSON to CrowdStrike SIEM, and tenant policy controls include SSO session expiry rules and SSO-only admin access for federated tenants.

Go-to-market

Direct enterprise sales supported by a partner ecosystem; at the time of its Series C the company reported collaborations with more than 100 channel and service provider partners. Marketing centers on analyst reports, industry research surveys, webinars, customer case studies and a practitioner newsletter, and the documentation set includes partner and MSP material for managing customer tenants. Nile has also supported security-industry events, powering the network for Black Hat MEA 2025 and Wild West Hackin' Fest.

Enterprise IT and security teams, including lean IT organizations, across corporate offices, financial services, higher education and schools, healthcare, manufacturing, retail and event services, and real estate trusts. Named customers include Stanford University, Pitney Bowes, Carta, Glean, Clari, Uniphore, Concordia University St. Paul, the City of Brentwood, Lycée Français de San Francisco, IES Abroad and the law firm Carmody Torrance Sandak & Hennessey.

Geography

Global headquarters in Santa Clara, California, with an engineering and operations center in Bengaluru, India. The company reported expansion beyond North America into Europe, the Middle East, Africa and Asia, and maintains an international sales organization.

History

Nile emerged from stealth mode in roughly 2022. In August 2023, about four years after the engineering effort began according to investor March Capital, it announced a $175 million Series C that brought total funding to $300 million and funded international expansion. The company subsequently expanded its catalog with the Nile Trust Service, Nile RADIUS and Nile Edge Service, and states it has raised over $300 million in total.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Attendees supported at Black Hat MEA 2025Jan 202540,000 attendees (more than)
Breach and risk reduction (claimed)Jan 202660%+
Change management speed (claimed)Jan 20263x faster
Channel and service provider partnersAug 2023100 partners (more than)
Cost savings with OpEx model (claimed)Jan 2026~40%
Support ticket reduction (claimed)Jan 202699%+
Targeted attacks blocked at Wild West Hackin' FestJan 20251,000,000 attacks (more than)
Total funding raisedAug 2023$300M
Total funding raised (company stated)Jan 2026over $300 million

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 7

launches, deals, and filings
Jan 2026
Named a Visionary in Gartner Magic Quadrant for Enterprise Wired and Wireless LAN

Nile was recognized as a Visionary in the 2026 Gartner Magic Quadrant for Enterprise Wired and Wireless LAN, its second consecutive year, and was also cited in the Gartner 2026 Critical Capabilities report and as a Strong Performer in Gartner Peer Insights Voice of the Customer for the same market.

source ↗

Jan 2026
Glean selects Nile's network-as-a-service platform

Enterprise AI company Glean selected Nile's NaaS platform; a Glean representative reported support tickets dropping by over 90%.

source ↗

Jan 2025
Nile network deployed at Black Hat MEA 2025

Nile powered the network for more than 40,000 attendees at Black Hat MEA 2025 with no reported security incidents.

source ↗

Jan 2025
Platform release adds Nile RADIUS, Nile Edge Service and expanded Nile Trust Service

Nile released three platform additions: Nile Trust Service enhancements (identity-based micro-segmentation, continuous device fingerprinting, agentless validation, automated quarantine), Nile RADIUS with cloud-native authentication and native Entra/Intune integration, and Nile Edge Service for secure internet and cloud access without separate SD-WAN, firewall or branch routers. The release also added CrowdStrike SIEM and Microsoft Global Secure Access (SSE) integrations.

source ↗

Aug 2023
Expansion beyond North America into Europe, Middle East, Africa and Asia

Following its emergence from stealth, Nile reported expanding its network-as-a-service business beyond North America into Europe, the Middle East, Africa and Asia, with over 100 channel and service provider partners.

source ↗

Aug 2023
Nile raises $175M Series C co-led by March Capital and Sanabil Investments

Nile announced a $175 million Series C round co-led by March Capital and Sanabil Investments, with participation from solutions by stc, Prosperity7, Liberty Global Ventures, stc CIF, 8VC, Geodesic Capital, U First Capital and Valor Equity Partners, bringing total funding to $300 million and funding global expansion.

$175M source ↗

Aug 2023
Security certifications: ISO 27001, SOC 2 Type II and CSA Level 1

Nile stated its service had achieved ISO 27001, SOC 2 Type II and CSA Level 1 certifications.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 8

primary sources listed
  • Nilenilesecure.com · web

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Nile do?
Nile delivers enterprise wired and wireless campus and branch networking as a subscription service with built-in zero trust security.
Who are Nile's investors?
Nile's investors include 8VC, Geodesic Capital, JC2 Ventures, Koch Disruptive Technologies, March Capital Partners, Prosperity7 Ventures, Benchmark, Liberty and 1 more.