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Nile raises $175M

By TechTaffy Desk

San Jose, Calif.-based Nile, a provider of next-generation enterprise networks, has raised a $175 million Series C round.

The investment in Nile was co-led by March Capital and Sanabil Investments, with participation from Solutions by stc, Prosperity7, Liberty Global Ventures, and stc CIF (Corporate Investment Fund). 8VC, Geodesic Capital, U First Capital, and Valor Equity Partners also invested in the Series C funding.

Nile has raised $300 million to date.

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