- Blackstone Growth invests in NetBrain Technologies, valuating the company at $750 million.
- The investment aims to accelerate AI-driven network automation in the $30 billion NetOps market.
- NetBrain's platform services over one-third of the Fortune 500 companies, enhancing network management efficiency.
Blackstone (BX, Financial) has announced a substantial growth investment in NetBrain Technologies, a leader in network automation and AI solutions. The investment, involving Blackstone Growth (BXG) and affiliated funds, values NetBrain at $750 million and aims to bolster the company's innovations and global presence.
NetBrain's groundbreaking technology, which includes intent-based network automation, is designed to create a digital twin of networks and automate numerous manual tasks. This innovation caters to the evolving demands of enterprise networks, especially with the integration of cloud and SDN architectures. The company’s solutions are already utilized by over one-third of the Fortune 500 companies, driving efficiency and security in network operations.
The investment reflects Blackstone's commitment to supporting technological advancements in the $30 billion NetOps market, where the need to optimize IT operations, ensure reliability, and mitigate security risks is ever-increasing. With no debt, strong cash reserves, and ongoing profitability, NetBrain is well-positioned to accelerate its mission, backed by Blackstone’s global reach and operational expertise.
NetBrain CEO Lingping Gao expressed enthusiasm about the partnership with Blackstone, highlighting the firm’s potential to drive AI transformations in network operations. The collaboration aims to expand NetBrain’s global reach and continue investing in technological innovations that enhance network management from a device-centric to an intent-centric model.
For further information about this strategic investment and the future of network automation, visit the official websites of Blackstone and NetBrain Technologies.
