
Kluisz Renames Itself Nava and Secures $21.7 Million in Funding to Develop AI-Driven Neocloud Platform
Bengaluru Startup Rebrands and Secures $21.7 Million in Funding
In a significant development, private cloud computing startup Kluisz has rebranded to Nava and secured $21.7 million in a Series A funding round led by Greenoaks Capital. The investment, valued at approximately ₹180 crore, is a testament to the growing demand for artificial-intelligence (AI) computing infrastructure.
The funding round saw the participation of existing investors RTP Global and Unicorn India Ventures, indicating a strong vote of confidence in Nava's potential. This significant investment is a major milestone for the company, marking a new chapter in its growth trajectory.
Nava's rebranding and funding round are seen as a positive indicator of the increasing demand for AI computing infrastructure in the market. The company's focus on private cloud computing makes it well-positioned to capitalize on this trend. With this investment, Nava is poised to further strengthen its position in the industry and drive innovation in AI computing infrastructure.
Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
Investor Takeaway
Investors are betting on the rising demand for AI computing infrastructure.
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