Mar 28, 2025 | Posted by Abdul-Rahman Oladimeji
A new networking solutions provider - Nexthop AI which uilds custom networking solutions for hyperscalers that integrate directly into their cloud stack has launched with $110 million in funding.
The company launched on March 25, along with announcing a funding round of $110 million led by Lightspeed Venture Partners. The company said the funding will be used to "accelerate the development of Nexthop AI’s pioneering networking solutions for cloud and hyperscale AI clusters." The company's solution is comprised of both software and hardware.
“The world’s largest cloud providers need a new generation of networking capabilities to keep pace with the demands of AI workloads,” said Guru Chahal, partner at Lightspeed Venture Partners. “Nexthop AI is filling a critical gap in this $35 billion market with its deep domain expertise, pioneering technology and customized solutions, positioning the company as the go-to partner for leading cloud providers, seeking to seize the AI revolution.”
“Hyperscalers need the ecosystem to innovate with them to accelerate their infrastructure deployments,” added Anshul Sadana, CEO of Nexthop AI. “Nexthop AI is a force-multiplier, as it partners with and works as an extension of the cloud companies’ engineering teams. This disruptive model enables cloud companies to build the most cost and power-efficient AI solutions.”