Mist Systems
Latest round
- Series C
Last raised
- Dec 2017
Total raised
- $88M
Investors
- 7
About Mist Systems
Mist Systems, Inc., founded in 2014 and headquartered in Cupertino, US, operates in the advanced networking sector. The company was co-founded by Bob Friday and Sujai Hajela, with Sujai Hajela currently serving as the CEO. Mist Systems was acquired by Juniper Networks, Inc.Mist Systems, now part of Juniper Networks, offers a comprehensive suite of AI-driven networking solutions, including the Mist Platform which encompasses Wi-Fi Assurance, Wired Assurance, and WAN Assurance.Juniper Networks generates its revenue through a subscription-based model, primarily from its AI-driven Mist Platform. This includes ongoing service contracts tailored to meet the specific needs of businesses, although pricing details for individual offerings like Wi-Fi Assurance and WAN Assurance remain undisclosed.Following its acquisition by Juniper Networks in March 2019, Mist Systems aims to leverage the USD 405 mn investment to enhance its product offerings and market reach. Key strategies include developing new products that utilize advanced AI technologies and expanding into additional geographic markets. The focus on improving user experience and reducing costs will guide their initiatives as they seek to solidify their presence in existing regions while targeting new opportunities in emerging markets.
Who invested in Mist Systems
7 investors across 3 rounds
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Questions about Mist Systems
Who invested in Mist Systems?
Mist Systems has 7 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Mist Systems raised?
Mist Systems has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Mist Systems last raise money?
Mist Systems's most recent round on record is a Series C, in Dec 2017.
What does Mist Systems do?
Mist Systems is a telecoms company.
Where is Mist Systems headquartered?
Mist Systems is headquartered in Cupertino, US.
Which VCs invest in companies like Mist Systems?
Among active investors with capital left to deploy, Founders Fund, Accel, Thrive Capital and Kleiner Perkins back telecoms companies at Mist Systems's stage. Their profiles are linked below.
VCs backing telecoms startups at Series C
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