Graphiant has secured an additional $19 million in Series B funding, co-led by Tali Ventures (backed by stc Group) and Wa’ed Ventures (Aramco’s venture arm), bringing its total Series B raise to $102 million. As part of the investment, the company will establish its regional headquarters in Riyadh, aligning with Saudi Arabia’s aggressive push to become a digital infrastructure and AI powerhouse across the Middle East.
The funding positions Graphiant to scale its Network-as-a-Service (NaaS) platform in a region where demand for low-latency, AI-optimized connectivity is growing rapidly. The company’s platform offers secure, deterministic performance across hybrid and multi-cloud environments, while addressing data sovereignty and compliance mandates through localized traffic control. This architecture is seen as essential for sectors including energy, smart cities, fintech, and e-government.
The partnership provides Graphiant with market access through stc Group and operational support for workforce development. More broadly, it reflects a shift in how the Kingdom is perceived—not as a future digital market, but as an active hub for cloud, connectivity, and AI. For enterprises in MENA, Graphiant offers a modern alternative to MPLS and traditional SD-WAN with cloud-native agility.
• Graphiant raises $19M in Series B extension, bringing total to $102M
• Tali Ventures (stc Group) and Wa’ed Ventures (Aramco) co-lead investment
• Company to open regional HQ in Riyadh to support localization and up-skilling
• Platform supports AI-ready, cloud-native networking with built-in data sovereignty controls
• Addresses booming NaaS market, expected to surpass $92B globally by 2030
“This partnership is a catalyst for localizing advanced digital capabilities,” said Motaz Alangari, CIO of stc Group. “It aligns with our vision to empower national digital infrastructure from smart cities to AI-driven industries.”
- Graphiant is headquartered in San Jose, California, and was founded by Khalid Raza, who previously co-founded SD-WAN pioneer Viptela (acquired by Cisco in 2017). Raza, a long-time networking visionary, launched Graphiant to address the limitations of traditional enterprise connectivity by building a stateless, graph-based core network architecture. The company’s mission is to deliver high-performance, secure, and scalable enterprise connectivity as a service—eliminating the complexity of legacy WANs and the unpredictability of public internet routes. Graphiant’s flagship offerings include the Graphiant Network Edge and the Graphiant Core, which together enable deterministic, SLA-grade connections across enterprise, partner, and cloud networks with built-in encryption and traffic privacy. S