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Blackstone backs AI firm NetBrain at $750m valuation
Blackstone, through its growth equity arm Blackstone Growth, has announced a majority investment in NetBrain Technologies.
The deal values NetBrain at US$750 million.
The investment aims to enable NetBrain to accelerate innovation, expand globally, and enhance its AI-powered platform to meet the rising demand for network automation.
NetBrain focuses on intent-based network automation, which automates manual tasks and improves workflows in network management.
Its platform supports hybrid networks and seeks to address challenges in the US$30 billion network operations market.
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